New US Copper Tariff Rattles Markets Ahead of August Deadline The recent announcement by Chile to seek exemption from the new US import tariffs has sent shockwaves through the copper market, resulting in a significant drop of over 6% in copper prices. This move has sparked concerns among investors and industry experts as the August […]
Join Our Executive Roundtable: Fashion in the Trump Era
Join Our Executive Roundtable: Fashion in the Trump Era In the ever-changing landscape of the fashion industry, staying informed and prepared is key to navigating through uncertain times. With the current political climate under the Trump administration significantly impacting global trade through tariffs and reshaping the conversation around diversity, equity, and inclusion (DEI), industry leaders […]
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 […]
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 […]
US retailers resist price hikes amid tariff pressures
US Retailers Navigate Turbulent Waters: Resisting Price Hikes Amid Tariff Pressures The world of US retailers is currently facing a formidable challenge: the escalating tariff pressures that threaten profit margins and consumer prices. With the recent trade tensions between the United States and key trading partners, including China, many retailers are feeling the squeeze as […]
Walmart Asks Chinese Suppliers for Major Price Cuts on Trump Tariffs
Walmart Requests Chinese Suppliers for Significant Price Reductions Amid Trump Tariffs Amid the ongoing trade tensions between the United States and China, major retail giant Walmart has taken a bold stance by asking its Chinese suppliers for substantial price cuts. The request comes as a response to the tariffs imposed by the Trump administration, affecting […]
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty President Trump has made a significant decision regarding tariffs on Canada, Mexico, and China, marking a new chapter in the ongoing trade disputes between these countries. The president had previously paused the sweeping duties on Canada and Mexico on Feb. 3 for one […]
Trump orders review of tariffs over digital service taxes
Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]
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 […]