Adidas Sets Cautious Tone for 2025 Outlook, Flags Tariff Risk Adidas, the renowned sportswear giant, recently made headlines as it set a cautious tone for its 2025 outlook. The company’s forecast for the upcoming year includes lower-than-expected operating profit projections, a move that has sparked interest and concern among investors and industry experts alike. This […]
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
Tariffs on Canada, Mexico to Start Tuesday, Trump Says US President Donald Trump’s recent announcement regarding the 25 percent tariffs on Mexico and Canada has sent shockwaves through the global economy. Despite mounting pressure and pleas for reconsideration, Trump made it clear that there is no turning back on this decision, causing widespread concern among […]
Taiwan sets rules for TSMC’s overseas ventures
Taiwan Tightens Oversight on TSMC’s Global Expansion, Emphasizing Economic Protection In a strategic move to safeguard its economic interests, Taiwan has recently imposed new regulations on Taiwan Semiconductor Manufacturing Company (TSMC), mandating government approval for the company’s overseas joint ventures, particularly those involving advanced chip manufacturing facilities outside of China. This decision, announced by Taiwan’s […]
China accuses Taiwan of selling semiconductor industry to the US
The Escalating Tech War: Taiwan Denies Accusations of Selling Semiconductor Industry to the US In the ever-evolving landscape of global politics and technology, accusations and denials have become commonplace. The recent claim by China, accusing Taiwan of selling its semiconductor industry to the United States, has sparked controversy and raised concerns about the future of […]
Expanding Global Trade Opportunities at Istanbul Fashion Connection
Expanding Global Trade Opportunities at Istanbul Fashion Connection In the ever-evolving landscape of global trade, the fashion industry is constantly seeking new opportunities to diversify its supply chain and manufacturing hubs. Geopolitical tensions, rising costs, and sustainability concerns have prompted industry players to explore alternative sourcing destinations. One such hub that is gaining prominence on […]
China says US curbs will harm global semiconductor industry
China Warns US: Pressure Tactics on Semiconductors Could Backfire Amidst the ongoing tensions between the United States and China, a new battleground has emerged in the form of the global semiconductor industry. Beijing has issued a stark warning to Washington, cautioning that the US’s pressure tactics on chips could have far-reaching consequences that may ultimately […]
Taiwanese chip maker Vanguard warns of economic risks from US tariffs
Taiwanese Chip Maker Vanguard Foresees Economic Risks Amid US Tariffs The recent escalation of trade tensions between the United States and various countries around the world has sparked concerns about the potential economic impact of tariffs. Taiwanese chip maker Vanguard, a key player in the global semiconductor industry, has warned of the risks that these […]
Temu, Shein See US Sales Drop After Trump Targets China Trade
Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]
Shein, Temu, Amazon Haul Set for Price Hikes in the US
Shein, Temu, Amazon Haul Set for Price Hikes in the US The landscape of online shopping is about to undergo a significant shift for US consumers as popular low-cost retailers like Shein, Temu, and Amazon face impending price hikes. This change comes on the heels of President Trump’s decision to terminate a crucial trade loophole […]
US considers tighter restrictions on Nvidia AI chip sales to China
US Considers Tighter Restrictions on Nvidia AI Chip Sales to China The ongoing technological race between the United States and China has reached a new level of intensity with the recent discussions surrounding Nvidia’s AI chip sales to China. The concerns about China’s rapid advancements in the field of artificial intelligence have reignited debates on […]