Due to Trump’s tariffs, several American Amazon vendors decide not to participate in Prime Day
Some third-party merchants that previously sold products made in China during Amazon's main shopping event in July will either refrain...
China
Tesla’s first-quarter 2025 earnings fell 71%
Following a 20% decline in its automotive revenue, Tesla's net profit dropped 71% to $409 million in the first quarter...
Chinese companies start raising pricing on Amazon
China's Anker, one of Amazon's biggest sellers of power banks and phone cases, has raised prices on a fifth of...
Goldman Sachs reduces U.S. vehicle sales estimates by nearly one million units due to tariffs
Goldman Sachs on Thursday reduced its estimate for U.S. auto sales this year by nearly one million units as President...
Amazon’s CEO expects that retailers will pass the expense of tariffs on to customers
Amazon's chief executive officer (CEO) Andy Jassy suggested Thursday that third-party sellers will pass on the cost of tariffs to...
JPMorgan CEO predicts recession and tariff defaults; calls for faster trade negotiations
JPMorgan Chase CEO Jamie Dimon stated Wednesday that tariffs imposed by US President Donald Trump are likely to cause a...
Tariff conflicts are expected to raise prices for iPhones, coffee, apparel, and booze
The United States' trade war, which began with infinite tariffs, threatens to cause price increases in the country, and residents...
Apparel retailers delay orders, freeze hiring as tariffs take effect
U.S. clothes and accessories shops are delaying orders and suspending employment in response to tariff increases on products imported from...
Apple’s three-day fall in market capitalization reaches around $640 billion
While the stock market performed better on Monday than it had the previous two trading days, Apple fell 3.7% as...
Donald Trump threatens fresh tariffs of 50% on China
President Donald Trump has threatened to levy 50% extra tariffs on China unless Beijing withdraws its 34% hike in further...
