President Donald Trump's tariffs have people who ask a lot of questions: What will they be actually do the prices? Should you Make that big purchase now? However, a question that the White House probably didn't see, consumers wonder how they can do more shopping than China. And the answer can be dhgate.
On April 16, the Chinese shopping service DHGate boasts the second downloaded free application of Apple's App Storejust behind AAIP of Opic. According to Report from Yahoo FinanceThe previous week, it was 352 on the same list, indicating a stratosphere increase in popularity, attributed to the popular Tiktok creators who advocated the e-commerce platform as a way to buy them directly from China. Since April 25, it was still the 12th most popular App Store shopping application.
So what is exactly DHGATE? It is a China -based Internet -based platform that has been around 2004. Similarly in the function and appearance of other popular pages such as Shin and Temu, DHGAT allows consumers to make purchases directly from China's manufacturers. Gained popularity online for his choice of DupiWhat are the copies of popular brand-like products sold at much lower prices.
According to Yahoo Finance, numerous Chinese influencers advocated international consumers to buy these types of platform products as DHGATE. They argue that many high -highest brands buy cheap goods from Chinese factories and then sell them with significant features.
DHGate did not respond to CNET's request for comment. The company, however, made a statement to Yahoo in which he said it was “grateful, still (s) calm for this phenomenal influx of traffic.”
Watch this: Do you need to buy now or wait? Our experts weigh tariffs
Will DHGATE help you get your tariffs?
While tariffs deserve to help the popularity of the “Degate juice”, the unfortunate reality is that it – and applications like that – won't help you overcome Trump's new tariffs.
China has long been a fixation of the Global Trump Trade Agenda. The country was the primary target of tariffs and policies during his first term and remained the largest goal of his second term, with 10% universal import tax from all nations and higher rates for countries with trade unbalanced with the United States. However, the latter is largely delayed by July. For the time being, China's rates remain in force, with a basic 20% tariff and an additional 125% “reciprocal” tariffs that bring the total tax to 145%, a number that is steadily increasing as countries are retaliating back and back.
Prior to Trump's second administration, you may be able to use pages like DHGATE to get cheap goods directly from China and avoid import taxes, as a result of a rule known as an “minimum exception”, which says purchases under $ 800 will not be subject to tariffs or other duties. This rule, however, was made by Trump's executive order and is scheduled to expire next month. So our advice? If DHGATE contributions sound attractive to you, entering while acquiring is good.
Speaking to CNET via E -Sost, times Brennan, CEO of Key Financial, predicted that applications like DHGATE would not be a permanent solution even if they offered a way around tariffs, as the Trump administration would get wind from them and could “shut this hole in one way”.