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 […]
US to Slash Tariff on Small China Parcels From 120% to 54%
US Slashes Tariff on Small China Parcels by More Than Half: A Step Towards Trade Normalization The recent decision by the United States to reduce tariffs on small parcels from China and Hong Kong has been welcomed as a positive development in the ongoing trade negotiations between the two economic powerhouses. The move, which saw […]
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 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 […]
Trump Floats ‘Substantial’ China Tariffs Cuts in Trade Deal
Trump Considers ‘Substantial’ China Tariffs Reductions in Trade Agreement In recent developments regarding the ongoing trade negotiations between the United States and China, President Donald Trump has hinted at the possibility of significant tariff cuts as part of a potential trade deal. The President stated on Tuesday in Washington that “It will come down substantially […]
US exempts key electronics from China import taxes
US Delays Tech Import Taxes Amid Trade Tensions with China In the midst of escalating trade tensions between the United States and China, a recent development has emerged that could potentially ease the strain on the tech industry. The US government has decided to exempt key electronics from import taxes, providing a much-needed respite for […]
Brinc drones raises $75M to boost emergency drone tech
Brinc Drones Soars with $75M Investment to Enhance Emergency Drone Technology American drone firm Brinc is making significant strides in the drone industry, particularly in the realm of emergency drone technology. With a recent injection of $75 million in funding, Brinc is poised to elevate its capabilities and solidify its position as a key player […]
Chinese refiners hesitate as US targets Venezuela oil buyers
Chinese Refiners Hesitate as US Targets Venezuela Oil Buyers The United States’ strategic imposition of sanctions on firms associated with Venezuelan crude shipments has sent ripples across the global oil market. In a bid to further tighten the economic noose around Venezuela, the US has now set its sights on Chinese imports of Venezuelan oil. […]
De Minimis’: The Trade Perk Trump May End as China Tensions Rise, Explained
De Minimis’: The Trade Perk Trump May End as China Tensions Rise, Explained President Trump is currently contemplating significant changes to the US “de minimis” exemption on import tariffs. This exemption has been a point of contention, particularly due to its impact on trade imbalances and the exponential expansion of Chinese e-commerce platforms. The term […]
Baicells faces US investigation amid national security fears
Baicells Faces US Investigation Amid National Security Fears Baicells, a prominent player in the telecommunications industry, has recently come under scrutiny by the FBI and the Commerce Department in the United States. The focus of the investigation revolves around the company’s equipment and its potential implications for national security. This development has sent ripples through […]