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US-China Tariff Wars' Unforeseen Repercussion - Luxury Brands Come Out Of China
7 months ago
42
RheaMorris_ highlights a TikTok trend where Chinese manufacturers reveal they produce "luxury" brand items, like Hermès and Gucci, at a fraction of retail costs, exposing the brands' high markups amid U.S.-China trade tensions. The post reflects a shift as factories, frustrated by U.S. tariffs of up to 145% on Chinese goods, use TikTok to sell directly to consumers, bypassing middlemen and offering products like $100 Lululemon leggings for $5. https://x.com/RheaMorris_/status/1911380223414710620
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