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Money Rehab with Nicole Lapin

Tariff Loophole or Not: Buying Directly From Chinese Manufacturers

17 Apr 2025

Description

There are tons of tariff loophole videos going viral right now, taken by people claiming to be manufacturers in China. These people say that you can bypass the tariffs through buying your favorite Chinese-made products (think Lululemon yoga pants to Louis Vuitton bags) straight from them. Today, Nicole explains if those are legit, which tariff loophole is going away and how these videos will affect consumers and investors alike.

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Transcription

Full Episode

0.109 - 16.296 Nicole Lappin

Support for today's episode comes from Square, your all in one business partner, making your day to day easier. From point of sale systems and payments to inventory and customer tools, Square brings everything together in one simple platform, keeping things organized and streamlined, which is honestly pure magic when you're running a business.

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16.496 - 40.288 Nicole Lappin

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40.448 - 57.343 Nicole Lappin

Visit Square to get started because the right tools make all the difference. And I know this firsthand. I love visiting La Colombe in Beverly Hills. They use Square to run an airtight operation. Normally when I'm there, it's for a fast caffeine fix. I am on the go, so it is a lifesaver that I can pay quickly. Square keeps up so you don't have to slow down.

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57.583 - 78.473 Nicole Lappin

Get everything you need to run and grow your business without any long-term commitments. So why wait? Right now you can get up to $200 off Square Hardware. at square.com slash go slash mnn that's s-q-u-a-r-e dot com slash g-o slash mnn run your business smarter with square get started today One of the things I really love about my work is the fact that I can do it from anywhere.

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78.693 - 97.066 Nicole Lappin

Getting a change of scenery can really help inspire creativity in my work and has once or twice or maybe more cured my writer's block. Being away for work, for fun, or for both is a perfect opportunity to host your space on Airbnb. That way, not only do you get to experience a new part of the world, but you're also making money while you're doing it.

97.586 - 118.577 Nicole Lappin

And if you think hosting is overwhelming, I have a solve for you. With Airbnb's co-host network, it is easier than ever before to host. Now you can hire a high-quality local co-host to take care of your home and your guests. They can do everything from creating your listing to managing reservations to messaging guests and providing on-site support. They can even help with design and styling.

119.017 - 139.229 Nicole Lappin

Also, by hosting on Airbnb, you can become part of another family's story, maybe even their hero. As you know, I stayed in an Airbnb for months when my house burned down, and I truly do not know what I would have done otherwise. So if you've got a secondary property or an extended trip coming up and you need a little help hosting while you're away, you could hire a co-host to do the work for you.

139.67 - 163.485 Nicole Lappin

Find a co-host at airbnb.com slash host. I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. So I saw something on X yesterday that stopped me scrolling in my tracks. Here's a little bit of it.

163.826 - 178.901 Unnamed Chinese Manufacturer

But why Hermes will charge you 38,000 USD for one bag? That's because more than 90% of the price is paid for its logo. But if you do not care about the logo, you just want the same quality, same material, you can just buy from us.

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