Ackman Urges Tariff Freeze as Crypto Markets Tumble Amidst the chaos of the markets, a new voice has risen to advocate for stability. Bill Ackman, a prominent ally, has taken a stand against Trump’s proposed 25% tariff plan, citing concerns of potential mass layoffs and a decline in business confidence. As the repercussions of such […]
Apparel Manufacturing Countries Seek to Negotiate With Trump on Tariffs
Apparel Manufacturing Countries Seek to Negotiate With Trump on Tariffs The global apparel industry is facing a significant challenge as the United States under President Trump’s administration has imposed tariffs on a wide range of goods, including fashion and footwear. This move has sparked concerns and uncertainties among Asian manufacturing hubs such as Vietnam, Indonesia, […]
Taiwan warns of economic impact after US tariff decision
Taiwan’s Economic Outlook at Risk Following US Tariff Decision In the ever-changing landscape of international trade, recent decisions made by the United States have sent ripples across the global economy. Amidst these changes, Taiwan finds itself at a critical juncture, with potential economic impacts looming on the horizon. The recent announcement that the Taiwan Semiconductor […]
Fashion Is ‘Tarrif-ied’ of Trump
Fashion Is ‘Tarrif-ied’ of Trump The fashion industry has found itself in a state of uncertainty and turmoil due to the unexpected impact of import duties imposed by the Trump administration. What was initially anticipated to be a minor disruption has turned into a significant challenge for fashion brands and retailers. The repercussions of these […]
China Retaliates Against Trump in Trade War With 34% Tariffs on US Imports
China Retaliates Against Trump in Trade War With 34% Tariffs on US Imports China’s recent decision to impose a 34% tariff on US imports marks a significant escalation in the ongoing trade war between the two economic giants. This move is a direct response to the tariffs imposed by President Donald Trump on Chinese goods, […]
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis The fashion industry is no stranger to challenges, but the recent announcement of new import duties by President Donald Trump has sent shockwaves through the sector. Dubbed as ‘liberation day’ by the administration, the unveiling of these tariffs has left many in the industry scrambling to adjust and […]
Arthur Hayes predicts tariffs will boost Bitcoin’s price
Arthur Hayes Predicts Tariffs Will Boost Bitcoin’s Price Arthur Hayes, the co-founder and CEO of BitMEX, a cryptocurrency trading platform, has made a bold prediction regarding the price of Bitcoin. Hayes believes that the ongoing trade tensions between the United States and other major economies, particularly China, will have a positive impact on the value […]
Swiss Watch Industry Sees Tough Times Ahead Over Trump Tariffs
Swiss Watch Industry Faces Challenges Amidst Trump Tariffs The Swiss watch industry, known for its precision, craftsmanship, and timeless elegance, is currently facing turbulent times ahead. The recent announcement by President Trump of imposing significant tariffs on goods from Switzerland, as well as from the European Union, has sent shockwaves through the luxury market. The […]
Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs
Sneaker and Apparel Retailers Caught Off Guard by Tariffs on Asian Factory Hubs In a surprising turn of events, the sneaker and apparel industry faced a significant blow as tariffs were imposed on key Asian factory hubs. The repercussions were immediate and severe, with industry giants like Nike, Adidas, and Puma witnessing a sharp decline […]
Retail stocks slump after tariff shock
Retail Giants Take a Hit as Nike Stock Plummets Over 6% Due to Tariff Targeting Chinese and Vietnamese Goods In the fast-paced world of retail, even the most established companies are not immune to sudden market shifts. Recently, retail stocks took a significant hit as tariffs zeroed in on products manufactured in China and Vietnam, […]