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.
In a sweeping change, the Trump administration has terminated the de minimis exemption, impacting low-value parcel shipments to the U.S. This move aims to curb tariff evasion and combat the influx of dangerous goods. Retailers like Shein and Temu are scrambling to adapt to the new rules.
Wall Street's major indexes fell as inflation data exceeded targets, raising concerns over tariffs and interest rate cuts. With tech stocks leading the decline and key economic reports on the horizon, investors are on edge.
The end of the de minimis exemption on small packages is here, leading to potential billions in new fees for consumers. Many postal services are halting shipments to the U.S., causing disruption in online shopping.
Tensions between the US and India have escalated dramatically, with a 50% tariff on Indian goods leading to fears of economic collapse. Experts warn this could threaten Modi's leadership and regional stability.
President Trump's new 50% tariff on Indian goods threatens to disrupt trade worth billions and jeopardize countless jobs in India. With exports projected to plummet, how will this affect US-India relations and India's economy?
Donald Trump has imposed a staggering 50% tariff on most US imports from India, escalating tensions between the two nations and threatening significant economic fallout. As India stands firm on its Russian oil purchases, the trade landscape faces uncertainty and potential disruption.
The US has slapped India with steep tariffs on imports, creating a lose-lose scenario. As India continues to buy Russian oil, the geopolitical implications could reshape global energy dynamics.
As traders pivot from Federal Reserve news, all eyes are on Nvidia's upcoming earnings report. Expected to set records, its performance could determine the future of the AI-driven bull market amidst rising tensions and tariffs.
U.S. President Trump's new tariffs of up to 50% on Indian imports threaten thousands of jobs and small exporters, raising concerns over the future of U.S.-India trade relations.
