US Tariff Hike on Chinese Goods Sparks Market Exodus, Price Surges

TEHRAN (Tasnim) - The United States’ abrupt termination of duty-free privileges for low-value Chinese imports has triggered a wave of retailer withdrawals and forced price hikes, exposing Washington’s trade strategy as a self-inflicted wound to both consumers and businesses.

2025-05-02 21:00:08     0    1000   Read Time: 1 minute
US Tariff Hike on Chinese Goods Sparks Market Exodus, Price Surges

TEHRAN (Tasnim) - The United States’ abrupt termination of duty-free privileges for low-value Chinese imports has triggered a wave of retailer withdrawals and forced price hikes, exposing Washington’s trade strategy as a self-inflicted wound to both consumers and businesses.

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