Popular Chinese brands look to brew success in US despite tariff threats
Government
Analysts say that while the conditions are ripe for such firms to enter the American market, US President Donald Trump’s tariffs might stand in the way. NEW YORK: When Luckin Coffee opened its first two stores in New York City in June, it became the latest in a string of Chinese brands to set up shop on American soil. The chain – founded in Beijing in 2017 – already has more than 26,000 stores worldwide, including in Singapore and Malaysia. Known for its bestsellers like coconut latte and an
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