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Video | China’s ‘lingerie capital’ may face trouble if Trump holds true to US tariff promise
Lianyungang in China’s eastern Jiangsu province has enjoyed years of tariff exemptions because of the ‘de minimis’ US policy
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China's booming ‘lingerie capital’ may face trouble if Trump holds true to his US tariff promise
China's booming ‘lingerie capital’ may face trouble if Trump holds true to his US tariff promise
China’s “lingerie capital” Lianyungang, once a thriving farming community in Jiangsu province, has enjoyed a meteoric rise fuelled by a US tariff exemption known as the “de minimis” rule.
However, US president-elect Donald Trump has promised to end the exemption some lawmakers have labelled a “loophole”.
Factory owners in Lianyungang have expressed fear their businesses will suffer if he does, considering their main market is in North America.
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Yannis Tan is currently pursuing a Master’s in Journalism at The University of Hong Kong. A history and culture buff on the side, she has a keen eye for detail and is dedicated to delivering stories that elevate, educate and entertain.
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