Warehouse clubs like Costco, BJ's, and Sam's Club are booming as they attract younger consumers with trendy merchandise, tech-savvy shopping, and competitive prices. Despite challenges from tariffs and crowded stores, these retailers are expanding rapidly to meet growing demand.
US retail sales continue their upward trend, rising 0.6% in August, marking the third consecutive month of growth. This unexpected increase showcases consumer resilience despite inflation concerns.
China has launched two investigations into the US semiconductor industry, targeting American-made analog IC chips and challenging US actions against Chinese firms. What does this mean for future trade talks?
In a bold statement, Commerce Secretary Howard Lutnick claims the Supreme Court won't dismantle Trump's tariffs, contrasting Treasury Secretary Bessent's dire warnings about potential refunds. Tune into 'The Axios Show' for insights!
The US Commerce Department has revoked exemptions for companies selling semiconductor equipment to China, impacting firms like SK Hynix and Samsung. This move raises concerns over the global semiconductor supply chain and the future of trade relations between the US and China.
The U.S. has ended tariff exemptions for parcel imports, impacting consumers and e-commerce businesses. Learn how this change may lead to higher costs and supply chain challenges as the nation enforces new duty rates.
The end of the de minimis exemption, a provision allowing duty-free imports under $800, is reshaping global trade. Businesses brace for increased tariffs and consumers may face higher prices on everyday goods.
The US has ended a crucial tariff exemption that allowed low-cost imports, impacting millions of shipments daily. Experts warn of rising prices and reduced options for American shoppers as businesses scramble to adapt.
The end of a 1930s US trade provision is reshaping global e-commerce. Discover how this change is affecting shipping, costs, and international trade dynamics under Trump’s administration.
In a dramatic response to the US scrapping tax exemptions on low-import goods, several European countries are halting postal shipments to the US, impacting e-commerce and small businesses.