Suggesting Finance
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Suggesting Finance
No Result
View All Result
Home Economy

Chinese TikTok users mock tariffs, telling people to buy brands like Nike direct

News Room by News Room
April 30, 2025
Reading Time: 2 mins read
0
Chinese TikTok users mock tariffs, telling people to buy brands like Nike direct

Videos posted by Chinese TikTok users that suggest people should purchase fashion items direct from factories in China have surfaced in the U.S. in recent weeks, according to Bloomberg.

The videos claim many apparel brands such as Nike and Lululemon get their products from Chinese factories, with some praising the quality of Chinese manufacturing, the outlet reported Monday.

They appear to be seeking to spur American consumers to get apparel and accessories directly from Chinese manufacturing facilities at much lower prices instead of purchasing them in the United States, according to Bloomberg. 

CHINA INCREASES TARIFFS ON US IMPORTS TO 125% FROM 84% AMID ONGOING TRADE WAR

One such TikTok video said consumers “won’t believe the prices we give you” if consumers “just contact us and buy from us” instead, the outlet reported.

Network Contagion Research Institute senior advisor Alex Goldenberg told Bloomberg the “campaign appears to be a calculated attempt to undermine President Trump’s tariff policy on China by leveraging TikTok to promote Chinese manufacturing as cheaper, more desirable, and accessible – even in defiance of trade restrictions.” 

They come amid ongoing heightened trade tensions between the U.S. and China and have in some cases been seeing large amounts of engagement on TikTok, according to the outlet.

President Donald Trump has hiked tariffs on goods coming from China multiple times since taking office, with the White House most recently upping them to 145% last week. 

China has since lifted its tariffs on the U.S. to 125%. 

Trump has put in place tariffs on other countries as well in recent weeks.

Donald Trump pointing to reporters in White House

The White House unveiled a baseline levy of 10% on imported goods from foreign countries and “individualized reciprocal higher” tariffs on certain nations in early April. 

Then, on April 9, Trump said on TruthSocial that he would implement a 90-day pause and apply a 10% levy during that period on countries subject to the reciprocal tariffs that have not retaliated against the U.S.

“Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” he said at the time. 

TRUMP’S TRADE TEAM MAKING ‘ASTONISHING’ PROGRESS ON TARIFF DEALS WITH MULTIPLE OFFERS ON THE TABLE: HASSETT

Read the full article here

ShareTweetSendSend

Related Posts

Claire's files for bankruptcy again as teen retailer faces second collapse in seven years
Economy

Claire's files for bankruptcy again as teen retailer faces second collapse in seven years

August 17, 2025
Google commits $1B to train US college students in artificial intelligence over three years
Economy

Google commits $1B to train US college students in artificial intelligence over three years

August 16, 2025
Vodka seltzer 'labeling error' turns into silver lining for energy drink maker
Economy

Vodka seltzer 'labeling error' turns into silver lining for energy drink maker

August 15, 2025
Spirit Airlines pilot arrested at airport on child stalking charges
Economy

Spirit Airlines pilot arrested at airport on child stalking charges

August 14, 2025
Trump's higher tariffs go into effect on dozens of countries
Economy

Trump's higher tariffs go into effect on dozens of countries

August 13, 2025
Some buy now, pay later lenders are holding back customer payment data from credit bureaus
Economy

Some buy now, pay later lenders are holding back customer payment data from credit bureaus

August 12, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Suggesting Finance

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Claire's files for bankruptcy again as teen retailer faces second collapse in seven years
  • Google commits $1B to train US college students in artificial intelligence over three years
  • Mortgage rates fall to lowest level of 2025

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2023 Suggesting Finance. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2023 Suggesting Finance. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.