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Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump’s tariffs. The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than … Read more
Temu is adding “import charges” of around 145% in response to President Donald Trump’s tariffs on goods shipped from China, CNBC reports. The fees cost more than the products that U.S. consumers are buying, and in some cases are more than doubling the price of a standard order. For example, CNBC found that a summer … Read more
The Semanggi overpass in Jakarta, Indonesia. Fadil Aziz | The Image Bank | Getty Images U.S. President Donald Trump’s tariffs have pushed countries to look for ways to improve their trade balance with the U.S. and negotiate the extent of duties levied on their imports. Indonesia’s plan now is to “narrow,” or even eliminate its … Read more
Companies large and small are turning to special U.S. Customs-approved sites to avoid, at least temporarily, the payment of new tariffs implemented by President Trump. These locations, called foreign trade zones (FTZs) and bonded warehouses, are specially designated, secured storage or manufacturing sites approved by U.S. Customs where freight is not subject to U.S. duties … Read more
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Carmakers are holding thousands of vehicles at US ports and temporarily halting shipments as they seek to minimise the fallout from President Donald Trump’s intensifying trade war. Some manufacturers have begun delaying the entry of their … Read more
Apple is considering importing more iPhones from India to side-step the 54% additional tariffs on goods imported from China that U.S. President Donald Trump announced last week, the Wall Street Journal reported, citing anonymous sources. The company sees this as a short-term measure while it seeks to negotiate with the Trump administration to get an … Read more
Donald Trump’s plan to lower the price of eggs across America might have been cracked by his desire for tariffs. Two weeks ago, Agriculture Secretary Brooke Rollins said the Trump administration was planning to import millions of eggs from Turkey and South Korea (among other countries) to increase supply and lower skyrocketing prices. Those prices … Read more
China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports Trump ordered … Read more
Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. The EU wants to block imports of certain foodstuffs made to different standards to protect its farmers in an echo of US President Donald Trump’s “reciprocal” trade policy. The European Commission will agree next week … Read more
On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, e-commerce company Shopify published a blog post making its stance on U.S. trade policy clear. In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4