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Why China is blacklisting Calvin Klein and Tommy Hilfiger after Trump's tariffs

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Calvin Klein and Tommy Hilfiger are caught in the middle of a budding US-China trade war. China's Ministry of Finance placed PVH, the parent company of the two American clothing brands, on its "unreliable entities list,
The article from MSN discusses how China has blacklisted American brands like Calvin Klein and Tommy Hilfiger in response to former President Donald Trump's tariffs on Chinese goods. This retaliatory measure comes amidst ongoing trade tensions between the U.S. and China, which escalated when Trump imposed tariffs to address what he described as unfair trade practices by China. The blacklisting has led to a significant impact on these brands' market presence in China, one of the world's largest consumer markets. The move is part of a broader strategy by China to exert economic pressure and encourage U.S. companies to lobby against the tariffs. This situation illustrates the complex interplay of politics and commerce, where trade policies can directly influence brand availability and consumer choices in international markets.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/general/why-china-is-blacklisting-calvin-klein-and-tommy-hilfiger-after-trump-s-tariffs/ar-AA1ys3m7 ]