In the White House conference room, U.S. lawmakers fiercely debated how to "Make America Great Again". Their collective gaze eventually turned to Yiwu, China. Because - it's just too cheap! Americans are buying too much! At the center of discussion: cancelling the T86 duty-free policy. This policy exempts goods under $800 from tariffs, serving as a fast track for billions of Chinese products to enter the U.S. market. Against the backdrop of U.S. efforts to revitalize domestic manufacturing, this policy seemed long overdue for cancellation. However, in February this year, the U.S. abruptly halted T86 implementation before reversing course and extending it again. Clearly, T86 impacts not only Chinese businesses but also U.S. consumers' cost of living. On March 17, […]