Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
|

Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese factories at unfathomable discounts. It also unleashed something else — a cascade of billions…

Temu Stops Shipping Products From China to U.S. as Trump Closes Tariff Loophole
|

Temu Stops Shipping Products From China to U.S. as Trump Closes Tariff Loophole

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Temu, the Chinese e-commerce platform, has stopped shipping products from China into the United States, a spokesperson for the company said on Friday. Instead, all of its U.S. orders will be shipped from local warehouses in America. The change comes after the Trump…

White House Attacks Amazon Over Idea of Showing Tariffs’ Cost
|

White House Attacks Amazon Over Idea of Showing Tariffs’ Cost

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines There’s a fresh spat brewing between the White House and Amazon. Karoline Leavitt, the White House press secretary, on Tuesday accused the online retail giant of being “hostile and political,” citing a report — disputed by Amazon — from Punchbowl News saying that…

Opinion | Donald Trump’s Tariffs Will Only Strengthen China’s Hand
|

Opinion | Donald Trump’s Tariffs Will Only Strengthen China’s Hand

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In China, one of many nicknames for President Trump is Chuan Jianguo. It literally translates as “Trump the Nation Builder.” My best translation is “Comrade Trump.” The joke is that Mr. Trump is a patriotic son of China who is diligently advancing Chinese…