The US imposed additional tariffs on China, and many Americans did not want to pay for goods that were about to increase in price. They took the opportunity to purchase while traveling in China and even became part-time buyers, earning the difference in prices by shopping for others. Data shows that American consumers increased their spending via Alipay by 200% in the first two weeks of this month.
In recent days, Americans have learned from TikTok that many products of Western luxury brands are made in China. Items with low costs are priced higher after being branded, leading to a consumer psychology trend of "eliminating brand premiums" and sparking a wave of shopping in China, directly boosting online and offline sales in China.
Americans also discovered that they could buy tickets to fly to China to purchase "Made in China" products and get tax refunds. Some even became part-time buyers, balancing travel expenses through the price differences, achieving multiple benefits at once.
Data shows that in the first half of April, American tourists' spending via Alipay in China increased by 1.5 times year-on-year, while American users' spending on Alipay grew by two times.
Americans also buy goods through online shopping platforms. It was reported that Chinese cross-border e-commerce platforms such as DHgate, Taobao, and SHEIN ranked high on the free application list in Apple's App Store.
Among them, DHgate's app downloads surged by 800%, and Taobao's downloads increased by 300% in the United States.
America's tariff policy backfired.
Original article: https://www.toutiao.com/article/1829924240122880/
Disclaimer: The article represents the author's personal views.