"Ultimately, some brands may be forced to "redefine value beyond just ultra-low prices," the WSJ suggested."
When I see the absolute crap and mostly useless products Americans buy, especially with fast fashion, I tend to hope this move will put a dent in America hyper-consumerism culture.
But I also see how it will put some small business in deep trouble.
#business #economy #trade #capitalism #consumerism #usa #fashion #china
Trump suspends trade loophole for cheap online retailers globally
US spiking costs to import cheap goods from anywhere rattles e-commerce giants.Ashley Belanger (Ars Technica)