Temu has a new import charge that more than doubles the price of many items shipped from China, in response to imposed tariffs by the U.S.

The e-commerce company Shein, which was founded in China, rolled out U.S. price increases on a broad range of items starting Friday, Bloomberg reported.

China has advanced this year's stimulus plans but is holding off on fresh measures as it tries to maintain composure, betting on Washington blinking first in a protracted trade war. The Communist Party's elite decision-making body,

China on Monday said it was on the right side of history in its gruelling trade war with the United States. Recall that the US President Donald Trump, since returning to the presidency in January, has imposed 10 per cent tariffs on most US trading partners and a separate 145 per cent levy on many products from China.