A pair of popular Chinese fast-fashion e-commerce retailers say they’re increasing prices next week as a result of tariffs imposed by President Donald Trump on Chinese imports. Shein and Temu, rival companies, announced the decision in similar statements issued this week, according to the Associated Press.

In the US, the White House last night crunched the numbers and confirmed that China now faces tariffs of up to 245 percent, The Wall Street Journal reported. That figure includes new tariffs Trump has imposed,