Trump Threatens New Tariffs Within Weeks President Trump’s latest move in the ongoing trade war saga has sent shockwaves through the global market. The threat of new tariffs being imposed within weeks looms large, leaving many nations scrambling to secure trade deals to avoid a potential economic disaster. The current tariff relief, which has provided […]
Target, Walmart Executives to Meet Trump as Tariff Angst Spreads
Target, Walmart Executives to Meet Trump as Tariff Angst Spreads Business executives from major retail giants such as Walmart, Target, Home Depot, and Lowe’s are gearing up for a crucial meeting with President Trump at the White House on Monday. The focus of the discussion? Seeking relief from the impact of sweeping tariffs that have […]
Temu and Shein to raise US prices due to new tariffs
Temu and Shein Forced to Increase Prices as US Imposes Up to 145% Tariffs The landscape of retail is undergoing significant shifts as low-cost giants like Temu and Shein are compelled to rethink their pricing strategies in response to the revised US trade rules. The imposition of tariffs reaching up to 145% has sent shockwaves […]
China Pledges to Help Tariff-Hit Exporters Find Local Buyers
China Pledges to Help Tariff-Hit Exporters Find Local Buyers In a move that could potentially reshape the landscape of global trade, China has recently pledged to assist tariff-hit exporters in finding local buyers. The manufacturing superpower, known for its robust production capabilities and extensive market reach, aims to leverage its domestic market to alleviate the […]
Temu, Shein Slash Digital Ads as Tariffs End Cheap Shipping From China
Temu, Shein Slash Digital Ads as Tariffs End Cheap Shipping From China With the recent changes in tariffs affecting cheap shipping from China, e-commerce giants Temu and Shein have made a strategic shift in their advertising strategies. Known as two of the biggest advertisers on US social media platforms, these companies are now reevaluating their […]
Shein and Temu to Raise Prices in Response to Tariffs
Shein and Temu to Raise Prices in Response to Tariffs Shein and Temu, two prominent players in the fast-fashion industry, have recently announced their decision to increase prices in response to tariffs. The move comes as a response to the economic challenges brought about by the tariffs imposed on imported goods. Customers of both retailers […]
Apple’s $2 billion iPhone airlift from India dodges Trump’s tariffs
Apple’s $2 Billion iPhone Airlift from India Dodges Trump’s Tariffs In a bold and strategic move, tech giant Apple recently orchestrated a high-stakes operation involving the airlifting of a staggering 600 tons of iPhones from India to the United States. The urgency behind this massive logistical endeavor stemmed from the looming threat of tariffs imposed […]
Shein’s Tariff-Busting Shift Hits Home in Chinese Factory Hub
Shein’s Tariff-Busting Shift Hits Home in Chinese Factory Hub Shein, the ultra-fast-fashion giant, has been a disruptor in the fashion industry, known for its rapid turnover of trendy designs at affordable prices. However, recent reports from local factories in China’s manufacturing hub suggest a significant shift in Shein’s production strategy. The factories are experiencing falling […]
The Debrief | Can Tariffs Really Revive ‘Made in USA’ Fashion?
The Debrief | Can Tariffs Really Revive ‘Made in USA’ Fashion? In the realm of fashion, the concept of “Made in USA” holds a certain allure. It signifies quality, craftsmanship, and a sense of national pride. However, in recent years, the majority of fashion manufacturing has shifted overseas in search of cheaper labor and production […]
Trump eyes tariffs on semiconductors in push to boost US tech manufacturing
Trump Eyes Tariffs on Semiconductors in Push to Boost US Tech Manufacturing In the ever-evolving landscape of global trade and technology, the United States finds itself at a crucial crossroads. With the battle over tech dominance intensifying, President Trump has set his sights on a new target: semiconductors. This move, aimed at boosting US tech […]