E-Commerce Packages Left Out of US-China Tariff Reprieve The recent trade agreement between the United States and China has brought a sigh of relief to many industries affected by the ongoing tariff war. However, amidst the celebrations, there is a group of players who seem to have been left out in the cold – the […]
US and China agree to 90-day truce in trade war started by Trump
US and China Reach 90-Day Truce in Trade War Initiated by Trump The U.S. and China have reached a deal to temporarily slash tariffs in an attempt to de-escalate the ongoing trade war that was initiated by President Trump. This 90-day truce comes as a relief to many businesses and industries that have been caught […]
US and China Reach Deal to Slash Tariffs
US and China Reach Deal to Slash Tariffs In a significant development, the United States and China have agreed to a 90-day pause in their ongoing trade war, leading to a substantial reduction in reciprocal tariffs. This crucial agreement comes as a temporary relief from the escalating tensions between the two economic powerhouses, offering hope […]
Tariff Windfall Tests Limits of India’s Apparel Factories
Tariff Windfall Tests Limits of India’s Apparel Factories The global trade landscape is witnessing a significant shift as US retailers are redirecting their orders from traditional manufacturing giants like China and Bangladesh towards new destinations to leverage lower tariffs. Among these emerging hubs, India’s textile epicenter of Tiruppur is experiencing a sudden surge in demand […]
Coach Owner Tapestry Lifts Forecasts on Pricier Handbags, Low Tariff Impact
Coach Owner Tapestry Lifts Forecasts on Pricier Handbags, Low Tariff Impact The luxury fashion industry is a realm where strategic decisions can make or break a brand. Tapestry, the renowned owner of fashion house Coach, has recently made headlines by defying expectations and showcasing resilience in the face of economic challenges. Tapestry’s shares soared by […]
Steven Madden Pulls Outlook of Nearly 20% Growth Amid Trade War
Steven Madden Pulls Outlook of Nearly 20% Growth Amid Trade War The ongoing trade war between the United States and China has sent ripples across various industries, with the latest casualty being the renowned shoes and fashion accessories company, Steven Madden. Known for its trendy designs and quality products, Steven Madden had previously forecasted a […]
Temu, Shein See US Sales Drop in Week After Tariff Price Hikes
Temu and Shein Experience Decline in US Sales Following Tariff Price Increases Fashion retail giants Temu and Shein have recently faced a significant setback in the US market. According to the latest reports, Shein witnessed a notable 23 percent decline in US sales, while Temu experienced a 17 percent drop during the week spanning from […]
AI chip restrictions and tariffs weigh on Samsung’s global strategy
AI Chip Restrictions and Tariffs Pose Challenges for Samsung’s Global Strategy In recent years, trade tensions have been escalating, prompting concerns across the global electronics industry. One of the major players feeling the impact of these tensions is Samsung, a leading technology company known for its cutting-edge innovations. With the rise of artificial intelligence (AI) […]
Tariff tensions flare over Amazon price display
Tariff Tensions Flare Over Amazon Price Display The recent escalation of tariff tensions is sending shockwaves through the business world, particularly in the realm of online retail. Amazon, the e-commerce giant, finds itself at the center of this storm as experts warn that tariffs could drive inflation as companies adjust prices and outlooks. The impact […]
Apple could face $900 million hit if Trump moves ahead with tariff plan
Apple Could Face $900 Million Hit if Trump Moves Ahead with Tariff Plan Tim Cook is bracing for the worst as Trump’s tariffs could come back to bite Apple with a staggering $900 million blow. The tech giant, known for its innovative products and global presence, may find itself in hot water if the proposed […]