China, Trump
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Trump, tariff
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The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs. China has for years been the biggest exporter of clothes to the U.
The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.
As US President Donald Trump wages a trade war across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.
Copper demand has surged in recent years as the world transitions to cleaner energy. Read more at straitstimes.com. Read more at straitstimes.com.
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U.S. imports of containerized goods from China tumbled 28.3% year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May, supply chain technology provider Descartes said on Tuesday.
Fast Retailing - owner of Japanese fashion giant Uniqlo - is forecasting record sales but has conceded that tariffs will take a bite from profits and prompt price rises.
China accused the US of using long-arm jurisdiction to detain an alleged Chinese hacker in Italy, in a dispute that threatens to turn into another point of friction in bilateral ties.
Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.
The figures apply across all online retailers for Amazon Prime Days. Tariffs and economic uncertainty are on the minds of shoppers as they prepare for Amazon's summer Prime Day sales. But at least one company is forecasting that sales for the online sales event will break records as budget-conscious shoppers look for deals.