Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains The global economy is a complex web of interconnected supply chains, where even the slightest ripple can cause a major wave of impact. Recently, the footwear industry felt the shockwaves as President Trump’s tariffs sent Adidas and Puma stocks plummeting. In early Frankfurt trading on […]
Trump’s Tariffs Rock Fashion’s Supply Chain
Trump’s Tariffs Rock Fashion’s Supply Chain The fashion industry is no stranger to disruptions, be it the ever-changing trends or technological advancements. However, the latest shake-up comes not from the runways of Paris or Milan but from the political corridors of Washington. President Trump’s recent announcement of severe import duties has sent shockwaves through the […]
Trump Considering Revoking Tariff Exemptions for Cheap Shipments From China, Source Says
Trump Considering Revoking Tariff Exemptions for Cheap Shipments From China, Source Says President Trump appears to be on the brink of another significant move in his ongoing trade war with China. Recent reports suggest that he is considering revoking tariff exemptions for cheap shipments from China, a decision that would reverse his earlier move to […]
Trump’s Tariffs to Take Immediate Effect, White House Says
Trump’s Tariffs: Immediate Impact on Global Trade The world of international trade is once again bracing itself for turbulence as President Trump’s administration announces the immediate enforcement of global tariffs. White House press secretary Karoline Leavitt confirmed the news on Tuesday, indicating that the repercussions of this decision will be swift and far-reaching. Tariffs have […]
Executive Memo | An Action Plan for Navigating Trump’s Tariffs
Executive Memo | An Action Plan for Navigating Trump’s Tariffs The recent tariff actions initiated by US President Donald Trump have sent shockwaves through the business world, particularly impacting fashion businesses and disrupting established supply chains. With the looming threat of additional duties on the horizon and retaliatory measures from other nations, executives in the […]
This Week: Tariffs and TikTok, 24/7
This Week: Tariffs and TikTok, 24/7 In the realm of the fashion industry, the spotlight is once again shining on President Trump and his administration as they gear up to implement new tariffs and navigate the intricacies of a potential TikTok sale. After a short break from the chaos of trade wars and tech acquisitions, […]
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
For Canadians, Trump’s ‘51st State’ Talk Is No Joke In recent times, the relationship between the United States and Canada has been a rollercoaster ride, with tensions ebbing and flowing like the unpredictable tides of the sea. The latest storm on the horizon? President Trump’s eyebrow-raising comments hinting at the possibility of considering Canada as […]
Trump Says He May Give China Reduction in Tariffs to Get TikTok Deal Done
Trump Considers Tariff Reduction on China for TikTok Deal, Extending Deadline In a surprising turn of events, US President Donald Trump has hinted at the possibility of reducing tariffs on Chinese imports in exchange for finalizing a deal for the sale of TikTok by its Chinese parent company, ByteDance. This unexpected development comes amid the […]
Trump weighs tariff cuts to secure TikTok deal
Trump Considers Tariff Reductions to Facilitate TikTok Deal In the midst of the ongoing saga surrounding TikTok’s presence in the United States, President Donald Trump is evaluating the possibility of reducing tariffs as a means to secure a deal for the popular social media platform. The pressure on TikTok’s parent company, ByteDance, to divest its […]
US trade war escalates with new tariffs and secondary duties
US Trade War Intensifies: Trump Prioritizes Auto Duties and Levies on Semiconductors and Pharmaceuticals The United States trade war continues to escalate as President Trump showcases a degree of flexibility on tariffs while doubling down on imposing additional duties on key industries. Amidst ongoing negotiations and tensions with major trading partners, the latest developments highlight […]