Trump Sees ‘Transition Problems’ With China Tariffs at 145% President Trump has once again made waves in the economic realm with his recent declaration regarding the China tariffs, stating that they could potentially reach a staggering 145%. During a Cabinet meeting on Thursday, Trump acknowledged that such a significant increase in tariffs could lead to […]
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
Explainer: How Trump’s Tariffs Threaten Luxury Fashion The recent shifts in US trade policy under the Trump administration have sent shockwaves through various industries, and luxury fashion is no exception. While it may seem like increased tariffs won’t significantly impact retail prices immediately, the ripple effects on the global economy and consumer sentiment could pose […]
US airlines struggle as travel demand drops
US Airlines Grapple with Decreased Travel Demand Amid Safety Concerns and Economic Pressures The aviation industry has always been a volatile one, with airlines at the mercy of fluctuating fuel prices, shifting consumer demands, and unforeseen global events. However, the COVID-19 pandemic has brought about a unique set of challenges that have left even the […]