Trump Vows Tariffs on Canada and France Over Digital Services Taxes The ongoing saga of digital services taxes has taken a new turn as President Trump recently announced his intention to impose tariffs on Canada and France. This decision comes in response to the taxes levied by both countries, which reportedly cost US firms over […]
South Korea reviews trade response as Trump plans new tariffs
South Korea Reviews Trade Response as Trump Plans New Tariffs Government officials in South Korea have recently found themselves at a crossroads, deliberating on the best course of action in response to President Trump’s proposed new tariffs. With the potential for significant economic and diplomatic challenges looming, the stakes are high for the East Asian […]
Shein Asks Some Chinese Suppliers to Diversify to Vietnam
Shein Asks Some Chinese Suppliers to Diversify to Vietnam In the ever-changing landscape of global trade, adaptability is key to success. The latest player to make a strategic move is the fast fashion giant Shein, which is proactively responding to the challenges posed by US tariffs. The company has recently approached some of its Chinese […]
Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules
Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules The landscape of international e-commerce is facing a potential upheaval as the US Postal Service wavers on its treatment of inbound packages from China. This uncertainty is sending ripples of concern through vendors associated with popular Chinese e-commerce platforms like Shein and Temu. The […]
Crypto surges as Trump pauses Mexico tariffs
Crypto Surges as Trump Pauses Mexico Tariffs In a surprising turn of events, the recent decision by President Trump to pause the proposed tariffs on Mexico has not only brought relief to the financial markets but has also sparked a significant surge in the world of cryptocurrency. The temporary halt in imposing tariffs led to […]
Trump’s Tariffs, Explained in 4 Charts
Trump’s Tariffs: Impact on the Fashion Industry The fashion industry is no stranger to volatility, but the recent tariffs imposed by the Trump administration have added a new layer of uncertainty. The rollout of these tariffs, along with the looming question of their duration and the possibility of more to come, has left fashion businesses […]
Mexico, Canada and China Hit Back Against Trump’s Trade Tariffs
Mexico, Canada, and China Respond Firmly to Trump’s Trade Tariffs President Donald Trump’s recent announcement of new tariffs has sent shockwaves through the global economy, particularly affecting Mexico, Canada, and China. The decision to impose a 25% levy on imports from Mexico and Canada, as well as an additional 10% levy on Chinese goods, has […]
Trump Stirs Tariff Pot With Fresh Threats on EU and a Feb 1 Deadline for China
Trump’s Tariff Threats Shake Global Markets US President Donald Trump has once again sent shockwaves through the global economy with his recent threats of imposing tariffs on both the European Union and China. In a move that has left many world leaders and economists on edge, Trump announced his administration’s plans to levy punitive duties […]
Trump Plans to Enact 25% US Tariffs on Mexico, Canada by Feb. 1
Trump Plans to Enact 25% US Tariffs on Mexico, Canada by Feb. 1 President Donald Trump has once again stirred the international trade pot by announcing his intention to enact 25% tariffs on goods imported from Mexico and Canada by February 1st. This decision comes as a part of his ongoing efforts to tackle the […]
Will President Trump Redraw Fashion’s Global Sourcing Map?
Will President Trump Redraw Fashion’s Global Sourcing Map? The global fashion industry is on the edge of its seat as the Trump administration’s trade policies continue to send shockwaves through the manufacturing sector. With manufacturers in Asia, Europe, Latin America, and Africa bracing for new tariffs, the landscape of fashion’s global sourcing map is on […]