tariffs

China Wants Banks to Up Yuan Use in Cross-Border Transactions
China Wants Banks to Up Yuan Use in Cross-Border Transactions
May 26, 2025  |  Cross-border Payments

China’s central bank is reportedly asking lenders to use more yuan in cross-border transactions. Get the Full Story Complete the form to unlock this article...

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China Calls for Reasonable Merchant Fees From eCommerce Platforms
China Calls for Reasonable Merchant Fees From eCommerce Platforms
May 25, 2025  |  eCommerce

China’s eCommerce regulator has issued draft guidelines for fees that companies can charge third-party merchants. Get the Full Story Complete the form to unlock this...

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Administration Threatens to Raise Tariffs on Apple and European Union
Administration Threatens to Raise Tariffs on Apple and European Union
May 23, 2025  |  Economy

President Donald Trump threatened to raise tariffs on Apple and the European Union in Friday (May 23) posts on Truth Social. Get the Full Story...

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AI Takes Center Stage in Amazon-Walmart Memorial Day Showdown
AI Takes Center Stage in Amazon-Walmart Memorial Day Showdown
May 23, 2025  |  Retail

Memorial Day may commemorate American sacrifice and the unofficial start of summer. But for Amazon and Walmart, it marks a critical moment in the retail...

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Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
May 22, 2025  |  Retail

Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of tariffs, saying the demand it is seeing from its high-end...

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US Business Sentiment Improves Despite Ongoing Tariff Pressures
US Business Sentiment Improves Despite Ongoing Tariff Pressures
May 22, 2025  |  Economy

American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. Get the Full Story Complete the form to unlock this...

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Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
May 21, 2025  |  Retail

Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. Get the Full Story Complete...

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Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
May 21, 2025  |  Amazon

Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the tariffs the President Donald Trump administration imposed on imported goods...

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Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
May 21, 2025  |  Earnings

Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for...

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