Core Insights - The article highlights the importance of continuous learning among merchants in Yiwu, particularly in foreign language skills, to adapt to external market challenges [1] - Yiwu's trade with Latin America and the European Union has seen significant growth in the first quarter, with trade volumes reaching 27.31 billion and 16.36 billion respectively, marking year-on-year increases of 14.1% and 16.5% [1] Group 1: Language Training Initiatives - Yiwu International Trade City has implemented a multi-language training system, including Spanish, English, and Arabic, to enhance merchants' communication skills [1] - The language training sessions are seen as essential for building trust and facilitating cooperation with international clients, particularly from Latin America [1] Group 2: Merchant Attitudes and Development - Merchants in Yiwu are characterized by a strong desire to learn, often attending classes during the day and taking additional courses at night [1] - The shift from traditional trading methods to modern business practices is evident, as merchants embrace digital tools and continuous education to thrive in a competitive environment [1]

Core Viewpoint - Yiwu's businesses remain optimistic despite rising tariffs from the US, focusing on brand and product quality while diversifying their market reach [1][2]. Group 1: Market Response - Merchants in Yiwu express confidence that the impact of US tariffs will be limited due to the affordability and quality of their products, which appeal to a global customer base [1]. - Yiwu's international trade market continues to thrive, with merchants reporting steady business and a diverse clientele from over 170 countries [1]. - The "Yiwu spirit," characterized by diligence, integrity, and inclusiveness, is seen as a strong foundation for conducting global business [1]. Group 2: Strategic Adjustments - Many Yiwu business owners have proactively adjusted their strategies in response to US tariffs, with some shifting focus to the EU market and diversifying product lines [2]. - Specific businesses, such as those selling Halloween and New Year decorations, are adapting by reallocating orders and expanding into new markets [2]. - Yiwu's merchants are noted for their adaptability and quick response to market changes, demonstrating a strong entrepreneurial spirit [2].