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Tariff Effects on Chinese Retailers
This chapter explores the ramifications of new tariffs on consumer goods imported from China, focusing on the rise of retailers like Shein and Timu. It highlights how these companies dominate the market by leveraging low production costs and efficient shipping methods, while also discussing the challenges they face due to impending tariff changes. The narrative delves into the international trade dynamics, U.S. government policies, and the Chinese government's responses that influence the future of these businesses.
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