Taiwan Rejects US Proposal on Semiconductor Production Split The recent rejection by Taiwan of a US proposal regarding the split of semiconductor production has shed light on the intricate dynamics at play in the realm of global trade and technological supremacy. Discussions between Washington and Taipei not only underscore the strategic importance of semiconductors but […]
US and China reach framework deal on TikTok
US and China Reach Framework Deal on TikTok The future of TikTok in the United States now rests on a tentative agreement that could reshape both trade relations and digital security discussions. The popular video-sharing app has been at the center of a geopolitical storm, with the Trump administration’s concerns over national security and user […]
China pushes back on Nvidia chip sales, undercutting Trump’s proposed export deal
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 […]