Port of LA Imports Plummet 19% in May Amidst Tariff Turmoil In the realm of global trade, the Port of Los Angeles stands as a bustling gateway through which goods flow in and out of the United States. However, recent statistics have revealed a significant downturn in import activity, with a staggering 19% drop recorded […]
Victoria’s Secret Turnaround Takes Hit on Quarterly Forecast Miss
Victoria’s Secret Turnaround Takes Hit on Quarterly Forecast Miss Victoria’s Secret, the renowned lingerie brand, has been facing a challenging time as it struggles to make a turnaround under the leadership of CEO Hillary Super. Despite her efforts, the company’s first year under her helm has been marred by various external factors that have posed […]
What’s Next for Trump’s Trade War After Court Blocks Tariffs
What’s Next for Trump’s Trade War After Court Blocks Tariffs The recent court ruling blocking Trump’s tariffs may seem like a significant blow to his aggressive trade policies. However, this setback may not be as permanent as it appears. The administration, led by a president known for his defiance of norms and institutions, could choose […]
Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers
Retailers Pummelled by Trump’s Trade War Entertain More ‘Take-Private’ Offers President Trump’s trade war policies have sent shockwaves through the global economy, leaving no industry untouched. In particular, publicly traded retailers have found themselves in the crosshairs of this economic turmoil, grappling with the impact of tariffs and market volatility. As a result, many of […]
Nvidia plans cheaper Blackwell AI GPUs for Chinese markets in light of US curbs
Nvidia’s Strategic Move: Introducing Affordable Blackwell AI GPUs to Navigate US-China Trade War The trade war between US and China is hardly showing any signs of slowing down, and the tech industry is feeling the heat. In the midst of this economic turbulence, Nvidia, a global leader in AI and GPU technology, is making strategic […]
US Treasury Secretary Says Walmart Will ‘Eat Some of the Tariffs’ After Trump Demand
US Treasury Secretary Claims Walmart Will ‘Eat Some of the Tariffs’ in Response to Trump’s Demands In a recent turn of events surrounding the ongoing trade war between the United States and China, the US Treasury Secretary made a bold claim regarding retail giant Walmart. Steven Mnuchin stated that Walmart’s CEO had given him assurance […]
The Debrief | The Trade War’s Off, For Now. What’s Next for Fashion?
The Debrief | The Trade War’s Off, For Now. What’s Next for Fashion? The recent 90-day trade truce between the US and China has brought a sigh of relief to the fashion industry, which has been caught in the crossfire of escalating tariffs and economic tensions. While the temporary halt in hostilities is indeed welcome […]
With the Trade War on Pause, Here’s What’s Next for Fashion
With the Trade War on Pause, Here’s What’s Next for Fashion The fashion industry recently witnessed a glimmer of hope as the United States and China decided to ease the tension in their ongoing trade war. This announcement brought a collective sigh of relief from fashion brands and retailers who have been grappling with the […]
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 […]
US and China Reach Deal to Slash Tariffs
US and China Reach Deal to Slash Tariffs In a significant development, the United States and China have agreed to a 90-day pause in their ongoing trade war, leading to a substantial reduction in reciprocal tariffs. This crucial agreement comes as a temporary relief from the escalating tensions between the two economic powerhouses, offering hope […]