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E-commerce: US tariffs strike at the heart of the billion-dollar market

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Published: April 10th, 2025,
Last updated: May 28th, 2025

Merchants of Yiwu International Trade City in the Chinese province of Zhejiang.
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The Chinese gold mine of cheap goods is at risk of going under in the tariff war with the United States. American import tariffs strike at the heart of the billion-dollar market, shaking the business model to its foundations. Chinese authorities fear another economic downturn and millions of lost jobs.

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