The United States plans to impose a 40% tariff on re-exported goods, with China being the most affected. This policy, introduced by President Donald Trump on July 31, will take effect on August 7. The tariff aims to support domestic production, with a focus on goods primarily manufactured in the U.S. The U.S. government is […]
Economists predict that if U.S. tax policies remain unchanged, the economy will face persistent inflationary pressure until 2026, with consumer prices continuing to rise. A report from Vox Media reveals that the U.S. June Consumer Price Index (CPI) increased by 2.7%, with food, housing, and used car prices rising significantly. This inflation is expected to […]
Experts noted that recent data shows that U.S. inflation is rising due to policies promoted by the Biden administration, which has led to moderate price increases. The latest figures show that the U.S. inflation rate for June is 2.7%, primarily due to the rise in imported goods, though prices for some products may not be […]
Walmart announced on July 15 that it plans to raise prices on some items due to increasing tax pressures from the U.S. government. The company reported that while sales from the previous quarter showed a slight increase, the overall impact of higher tax rates and new fiscal policies may lead to further price hikes in […]
On July 3, 2025, France’s consumer watchdog fined Chinese e-commerce giant SHEIN €40 million for deceptive pricing practices. The investigation found that SHEIN artificially inflated prices before applying fake discounts to mislead consumers. Key points: ***Photo Reference: https://www.reuters.com/sustainability/boards-policy-regulation/france-fines-shein-40-million-euros-deceptive-business-practices-2025-07-03/***
On June 10, 2025, France’s Senate passed a bill aimed at curbing ultra-fast fashion. The new law includes eco-taxes, advertising restrictions, and strict transparency rules, targeting platforms like Shein and Temu. Key Measures: Context: ***Photo Reference: https://manufacturingdigital.com/news/shein-temu-will-new-french-laws-change-fast-fashion***
Malaysia has officially banned the import of plastic waste from the United States, joining other Southeast Asian countries in rejecting being a dumping ground for foreign trash. The move comes after years of rising plastic waste imports, especially after China’s 2018 ban on foreign waste. Key Points: ***Photo Reference:https://www.yahoo.com/news/malaysia-ban-us-plastic-waste-150218438.html ***
Former U.S. President Donald Trump announced a trade agreement with Vietnam, under which Vietnam will face a 20% tariff on goods exported to the U.S., while Chinese and other affected countries will be hit with a 40% tariff. This is part of Trump’s plan to redirect supply chains away from China. Key Points: ***Photo Reference:https://www.foxbusiness.com/politics/trump-announces-vietnam-trade-deal-says-us-given-total-access-markets […]
Nike announced it will reduce its reliance on manufacturing in China to mitigate the impact of potential new U.S. tariffs. The company reported lower-than-expected revenue for Q1 FY2025 (ending August), due to weaker wholesale demand. However, Nike’s stock rose 9% on June 27 after the announcement. Competitors like Puma and Adidas also saw their shares […]
According to the OECD’s latest “2025 Economic Outlook” report, Vietnam’s GDP is forecast to grow 6.2% in 2025 and 6.0% in 2026. Growth will be supported by strong exports, consumer demand recovery, and increased public investment. Key Points: Despite global uncertainties, Vietnam is projected to maintain steady growth through effective policy support and trade performance. […]