In light of the ongoing trade war between America and China, Chinese manufacturers have taken to social media to spill the tea on the origins of world-famous ‘Made in America’ and other global luxury products, with some promoting potential customers to ‘cut the middle man out’ completely as the tit-for-tat continues, reports Cape {town} Etc.
The 125% import tariff on American products took effect on Saturday, 12 April, as reported by African Insider.
‘There is nothing we haven’t made; we know the craft very well’
From Gucci, Prada, Louis Vuitton and, speculatively, Hermes, a Chinese OEM factory said it has been manufacturing products for ‘most of the luxury brands around the world’ for over 30 years in a TikTok video that has quickly gone viral across the globe.
But wait, there’s more: In a cheeky response to the trade war, many of the videos are peeling the veneers off the ‘Made in [insert Western country name]’ as well as exposing the massive gap between the price of these luxury products when it hits the shelves and their cost price.
Adding fuel to the fire, Cape {town} Etc previously reported China also indicated plans to ban Hollywood movies in retaliation for the heightened tariff threats posed by President Trump.
In the latest update on the ongoing trade war between the two countries, the Trump administration on Friday issued a notice exempting a raft of consumer electronics from its punishing import tariffs – subsequently offering relief to US tech firms and partially dialling down the tariff tit-for-tat.
The list of consumer electronics to be excluded from the global levies rolled out a week ago include smartphones, laptops, memory chips and other products.
The exemptions will benefit US tech companies like Nvidia and Dell, as well as Apple, which makes iPhones and other premium products in China.