Rolex Faces Questions Over Trump US Open Invitation Amid Tariffs Pain The iconic luxury watchmaker, Rolex, finds itself in the spotlight as questions swirl around its recent invitation to President Donald Trump to attend the US Open. The invitation, extended by Rolex, has sparked curiosity and raised eyebrows, especially in the political arena. US Senator […]
Worldview | Indian Garment Exporters Move Production to East Africa
Indian Garment Exporters Shift Production to East Africa Amid Changing Worldview In the ever-changing landscape of global markets, the fashion industry continues to be a dynamic and evolving sector. This week, an interesting development has emerged as Indian garment exporters are increasingly moving their production to East Africa. This strategic shift comes at a time […]
Swiss Watch Exports Plunge on Weak China Demand, US Tariffs
Swiss Watch Exports Plummet Due to Weak Chinese Demand and US Tariffs Swiss watch exports have taken a significant hit in August, with a noticeable tumble in numbers. The primary culprits behind this decline? Weak demand from China and the imposition of stiff tariffs by the United States. This one-two punch has left Swiss watchmakers […]
Uniqlo Founder Says US May Suffer Most From Tariffs
Uniqlo Founder Says US May Suffer Most From Tariffs At a recent event in New York, Tadashi Yanai, the founder of Uniqlo, made a thought-provoking statement regarding the economic impact of the global trade war. Yanai expressed his concern that it is the United States that may bear the brunt of the repercussions from tariffs […]
Swatch to Hike Prices in US Due to Tariffs, CEO Says
Swatch to Hike Prices in US Due to Tariffs, CEO Says Swiss watchmaking giant Swatch has recently announced its decision to raise prices in the United States due to the impact of new tariffs. The company, known for its iconic and high-quality timepieces, disclosed that the price hike could range from 5 percent to 15 […]
China considers turning treacherous stretch into deadly minefield to trap enemy submarines
China’s Bold Plan: Turning Treacherous Waters into a Deadly Minefield for Submarines A recent research from Chinese military scientists outlines a plan to turn the perilous underwater depths of the South China Sea into a potential death trap for enemy submarines. The proposal suggests the strategic placement of a network of underwater mines to deter […]
Trump warns US could ‘destroy China’ over magnet exports, threatens 200% tariffÂ
Trump Warns US Could ‘Destroy China’ Over Magnet Exports, Threatens 200% Tariff U.S. President Donald Trump warned on Monday that his administration could impose steep tariffs on magnet exports from China, escalating tensions between the two economic powerhouses. The threat of a 200% tariff on these crucial components highlights the growing trade war and geopolitical […]
Swiss Watch Exports Bounce Back in July Ahead of US Tariffs
Swiss Watch Exports Surge in July Amid Impending US Tariffs Swiss watch exports experienced a significant uptick in July as manufacturers ramped up shipments to the United States in anticipation of looming trade tariffs. This surge comes at a crucial time for the industry, which has been grappling with lackluster global demand attributed to factors […]
Nvidia develops new AI chip for China amid US export controls
Nvidia’s New AI Chip for China: Breaking Barriers Amid US Export Controls In a bold move to navigate the complex web of US export controls, Nvidia is set to unveil its latest innovation in the realm of artificial intelligence. The tech giant is gearing up to release the highly anticipated B30A chip, which is poised […]
Alibaba unveils AI agent to transform global trade for SMEs
Alibaba Revolutionizes Global Trade for SMEs with AI Agent Alibaba, the global e-commerce giant, has once again set the bar high with its latest innovation – an AI agent designed to transform the landscape of global trade for Small and Medium Enterprises (SMEs). This groundbreaking platform is poised to revolutionize the way SMEs conduct business […]