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4min chapter
Did the Tariffs Work? The Trade War Five Years Later
Money For the Rest of Us
How Sheyens and Timu Cut Corners to Get Cheap Fashion
Timu is the sister company for a Chinese retail platform that also sells directly to consumers in China called Pinduo Duo. The fashion industry makes up 10% of global carbon emissions, just behind the oil and gas, which is about 15%. American shoppers buy five times more clothing now than they did in 1980,. About 68 garments per year, if not more now, because it's so cheap.
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