The European Union is hitting U.S. companies with tariffs on up to $4 billion worth of goods, according to a CNBC report on Monday (Nov. 9). The European Union won the right to impose the tariffs on U.S. goods in retaliation against subsidies for planemaker...
In the United States, imports are surging, indicating that retailers are getting ready to stock their (real and virtual) shelves in anticipation of the holiday shopping season. As reported this week, the Port of Los Angeles processed more than 883,000 twenty-foot equivalent units (of cargo...
One day after India’s Prime Minister Narendra Modi extended the nationwide lockdown to May 3 due to the coronavirus pandemic, the country’s Commerce & Industry Department reported in a press release that merchandise exports fell by a record 34.6 percent in March while imports declined...
In any other economy, companies that order products overseas want fast shipment. Not anymore, according to the Financial Times (FT). The coronavirus pandemic has turned everything around, and merchants will do anything, even pay more, to slow shipments down. “Anything that can delay the shipment...
May 27, 2019
Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true for retailers caught in the cross-hairs of the ongoing skirmish between China and the United States, where the latest (and forthcoming) round of tariffs is hitting some of the biggest U.S. players right in the margins.
December 21, 2023
The federal government will not let Apple delay an upcoming ban on Apple Watch imports. The International Trade Commission (ITC) on Wednesday (Dec. 20) denied the company’s appeal of an earlier ruling that would block sales of the two latest iterations of its smartwatch. That ban will likely go into effect on Christmas Day, barring intervention from the White House. Apple […]
November 09, 2020
The European Union is hitting U.S. companies with tariffs on up to $4 billion worth of goods, according to a CNBC report on Monday (Nov. 9). The European Union won...
April 15, 2020
One day after India’s Prime Minister Narendra Modi extended the nationwide lockdown to May 3 due to the coronavirus pandemic, the country’s Commerce & Industry Department reported in a press...
April 13, 2020
In any other economy, companies that order products overseas want fast shipment. Not anymore, according to the Financial Times (FT). The coronavirus pandemic has turned everything around, and merchants will...
