China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a sky-high tariff on goods shipped from China.

Tariffs, sales surges, price hikes, slashed ad spend and the go-ahead for a long-awaited IPO amid trade chaos – it’s just another breathless seven days in Shein world.