How Shein And Temu Are Reacting To Trump Tariffs
Chinese companies like Shein and Temu, which had been exporting duty-free, cheap shipments to the US, are no longer beneficiaries of such an exemption. As tariffs on Chinese goods are…
Chinese companies like Shein and Temu, which had been exporting duty-free, cheap shipments to the US, are no longer beneficiaries of such an exemption. As tariffs on Chinese goods are…
Chinese companies became extra prepared for the Trump 2.0 tariff battle after seeing the trade war during Trump’s first term. Chinese e-commerce companies are joining hands to help export-focused companies…
GCC’s tech-savvy population and efforts taken towards economic diversification will pave the road for growth opportunities. Despite ongoing global economic turbulence, the Gulf Cooperation Council (GCC) region has shown resilience.…
These newly introduced tariffs are a major cause for concern for Volkswagen, as it is one of the import-dependent carmakers selling in the US. With US President Trump unveiling new…
GlobalFoundries have made significant investments in R&D, including ongoing projects with NTU and National Research Foundation. GlobalFoundries‘ (GF) decision to expand its production base shows that Singapore will continue to…
Mr Bailey stated that it was the Bank of England’s responsibility to maintain the inflation rate low and stable. The Bank of England has warned that economic and global uncertainty…
The dynamics of global trade are changing as countries like China and India perform better than developed economies. Global trade hit a new record of $33 trillion in 2024, up…
Last year, China recorded a record-breaking trade surplus, with exports up 5.9% and imports up 1.1% year-over-year. When Trump announced high tariffs on China, it raised concerns about whether the…
The EU’s plan to impose tariffs on the electric vehicles made by China have started discussions and aim towards seeking a common ground. China’s electric vehicle industry and the EU…