Temu Shifts Strategy to Focus on Local Merchants Amidst Tariff Uncertainty As the trade war between the United States and China continues to escalate, many companies are feeling the pressure of rising tariffs and uncertain trade policies. One such company, Temu, has made a bold decision to shift its business strategy in response to these […]
US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal
US and China Make Progress in Trade War Negotiations, Trump Confirms Following Beijing’s Response In a bid to put an end to the ongoing trade tensions between the United States and China, President Donald Trump revealed to reporters that significant progress had been made during talks held on Thursday. The discussions aimed to address the […]
China Says US Should Revoke Unilateral Tariffs, Denies Talks
China Urges US to Revoke Unilateral Tariffs Amid Denial of Talks In the ongoing trade war between the United States and China, tensions continue to rise as the Chinese Commerce Ministry spokesman He Yadong made a bold statement on Thursday. He stated, “Any reports on development in talks are groundless,” effectively denying any ongoing negotiations […]
Apple’s $2 billion iPhone airlift from India dodges Trump’s tariffs
Apple’s $2 Billion iPhone Airlift from India Dodges Trump’s Tariffs In a bold and strategic move, tech giant Apple recently orchestrated a high-stakes operation involving the airlifting of a staggering 600 tons of iPhones from India to the United States. The urgency behind this massive logistical endeavor stemmed from the looming threat of tariffs imposed […]
‘Trade War TikTok’ Takes Aim at Luxury
“Trade War TikTok” Takes Aim at Luxury In the midst of the ongoing trade war between the United States and China, a new player has entered the scene: TikTok. This social media platform, known for its viral dance challenges and comedic skits, has now become a battleground for Chinese creators aiming to disrupt the luxury […]
China halts rare earth exports in trade war escalation
China Halts Rare Earth Exports in Trade War Escalation In the midst of the ongoing trade war between the United States and China, a new development has emerged that has sent shockwaves through global markets. China, the world’s largest producer of rare earth elements, has announced a halt on its exports of these critical minerals. […]
Trump Sees ‘Transition Problems’ With China Tariffs at 145%
Trump Sees ‘Transition Problems’ With China Tariffs at 145% President Trump has once again made waves in the economic realm with his recent declaration regarding the China tariffs, stating that they could potentially reach a staggering 145%. During a Cabinet meeting on Thursday, Trump acknowledged that such a significant increase in tariffs could lead to […]
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion
Tariffs Won’t Kill Fast Fashion, But They Might Kill Sustainable Fashion In recent years, the fashion industry has been undergoing a transformation. With sustainability and ethical practices at the forefront of many brands’ agendas, there has been a notable shift towards a more conscious way of producing and consuming fashion. However, with America’s escalating trade […]
US Raises Charges on Small Parcels, Targeting Chinese Retailers
US Raises Charges on Small Parcels, Targeting Chinese Retailers In a recent move by President Trump, tariffs on small parcels that were previously exempt from taxes have been raised significantly to 90 percent. This decision has sent shockwaves through the retail industry, especially impacting Chinese retailers who heavily rely on shipping small parcels to the […]
US Forges Ahead With 104% Tariffs on China, Says Willing to Talk to Other Countries
US Forges Ahead With 104% Tariffs on China, Says Willing to Talk to Other Countries The trade war between the United States and China has escalated once again, with the US announcing a staggering 104% tariff on certain Chinese goods. This move comes as a bold statement from the Trump Administration, highlighting their commitment to […]