China’s Stance on Nvidia’s H20 Processors Threatens Trade Relations In a bold move that has sent shockwaves through the tech industry, China has issued a directive advising local companies to steer clear of using Nvidia’s H20 processors, especially for government or national security-related projects. This unexpected development not only deals a significant blow to Nvidia’s […]
US and EU Clinch Deal with 15% US Tariff on Most EU Exports to Avert Trade War
US and EU Reach Agreement: 15% Tariff on Most EU Exports to Avoid Trade War In a bid to de-escalate trade tensions and avoid a full-blown trade war between the United States and the European Union, a crucial agreement has been reached. Effective August 1, a 15% tariff will be imposed on a wide array […]
The Debrief | Fashion Braces for Impact As Trump Tariffs Returns
Fashion Braces for Impact As Trump Tariffs Return The global fashion industry is once again at a crossroads as the specter of Trump-era tariffs reemerges, sending shockwaves through apparel prices and supply chains. With brands now forced to play defense in the face of this new challenge, the landscape of fashion is set to undergo […]
Worldview | Fashion Sourcing Countries Hit by Even More Tariff Uncertainty
Fashion Sourcing Countries Hit by Even More Tariff Uncertainty In the fast-paced world of fashion sourcing, uncertainties can send ripples through the industry, affecting countries and companies alike. This week’s round-up of global markets fashion business news sheds light on the challenges faced by key players in the supply chain. From Japanese resale giant Valuence […]
India urges preference for state telecom providers
India Urges Preference for State Telecom Providers In a recent policy shift, India has taken a bold stance by urging a preference for state-owned telecom providers over their private counterparts. This latest push may quietly redefine the balance of power in the telecommunications sector, with far-reaching implications for market dynamics and digital sovereignty. The move […]
China proposes rare earth export relief for EU
China Proposes Rare Earth Export Relief for EU Talks continue over EV tariffs as China signals rare earth concession. In a significant development, China has proposed providing rare earth export relief for the European Union (EU). This move comes amidst ongoing discussions regarding electric vehicle (EV) tariffs between the two entities, showcasing China’s willingness to […]
UK’s JD Sports Falls on Lower Sales, US Tariffs Warning
UK’s JD Sports Sees Decline in Sales Amid US Tariff Concerns UK-based sportswear giant JD Sports recently found itself facing a challenging start to the year as it reported a 2 percent drop in first-quarter sales. This unexpected decline has raised concerns not only within the company but also across the retail industry as a […]
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 […]
100-day gift: Trump signs order rolling back some auto tariffs amid investor concerns
100-Day Gift: Trump Signs Order Rolling Back Some Auto Tariffs Amid Investor Concerns In a major relief to automakers, U.S. President Donald Trump has pulled back part of the auto tariffs imposed on imports, marking a significant shift in trade policy. The decision comes as a 100-day gift to the industry and has sparked both […]
Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
Panic Grips Asia’s Factories Despite US Tariff Pause As the world of global markets continues to shift and evolve, recent events have sent shockwaves through Asia’s manufacturing sector. Despite a temporary pause on US tariffs by the Trump administration, factories across Asia are still reeling from the uncertainty and potential economic fallout. This week’s round-up […]