Donald Trump is pushing major smartphone makers like Apple and Samsung to move their production for the U.S. market back home. He warned that if they don’t, he will impose a 25% import tariff on their products. Trump shared this message on his Truth Social platform and repeated it later during a briefing at the … Read More “Trump to Apple, Samsung: Build in U.S. or Pay 25% Tariff” »
U.S. retailers are beginning to feel the pressure of escalating trade tensions with China. It appears that there will be no winners and losers, and the trade war impact on retail will be high. While stores are not yet fully empty, analysts and supply chain insiders warn that shortages could begin showing in the coming months. … Read More “Forget Black Friday — retailers warn trade war could leave stores gutted before you even make your holiday list” »
