The recent closure of the $800 de minimis loophole represents a fundamental shift in how tariffs affect American consumers. Unlike traditional retail where costs are hidden, online shoppers will now see direct price increases on international purchases under $800. This change particularly threatens
China’s temporary pause on rare earth export controls offers Western nations a narrow opportunity to break Beijing’s market dominance. The clock is ticking for building independent supply chains for these critical minerals.
Apple’s latest earnings reveal the staggering cost of recent tariff policies – $1.1B last quarter with another $1.4B expected. The unpredictable trade environment threatens to reshape global tech manufacturing permanently.
The Trump-Xi meeting yielded immediate tariff relief and agricultural purchases, but China’s measured response and missing details reveal significant unresolved issues. The temporary truce masks deeper structural tensions.
Mattel’s Q3 earnings reveal how tariffs are reshaping toy industry supply chains. Retailers are shifting from direct importing to domestic shipping, forcing Mattel to adapt quickly ahead of the critical holiday season.
The UK is in active discussions to form a three-way “steel alliance” with the US and EU to combat Chinese overcapacity. This protectionist approach mirrors 1950s trade pacts and responds to global steel glut reaching 600 million tonnes.
Major Wall Street trading desks have shifted to bullish positions ahead of Big Tech earnings and expected Fed rate cuts. The government shutdown threatens to create a catalyst vacuum after this week’s events.
The Ontario government is investing more than $8.6 million to support women entering skilled trades professions across the Greater Toronto Area. This initiative aims to train over 1,700 women through specialized programs designed to break down barriers in traditionally male-dominated industries.
The Ontario government is reportedly investing more than $8.6 million through its Skills Development Fund to help over 1,700 women across the Greater Toronto Area access training and prepare for careers in the skilled trades, according to recent announcements. Sources indicate this funding represents part of the government’s broader $2.5 billion investment in the SDF aimed at protecting workers and maintaining Ontario’s competitiveness.
The Supreme Court is set to hear a landmark case challenging the legality of Trump-era tariffs that could trigger up to $1 trillion in refunds to American companies. Businesses face a complex decision on whether to pursue refunds through what analysts describe as a potentially cumbersome process.
The Supreme Court will next month begin hearing arguments that could determine whether American businesses receive what Treasury Secretary Scott Bessent reportedly estimated could be between $750 billion and $1 trillion in tariff refunds. According to sources familiar with the case, the court will examine whether tariffs imposed under the International Emergency Economic Powers Act during the Trump administration were legally implemented.
A significant Amazon Web Services outage has exposed Europe’s critical dependence on US cloud infrastructure. Analysts suggest the incident underscores urgent sovereignty concerns as EU struggles to develop competitive alternatives.
A widespread Amazon Web Services outage on Monday disrupted numerous popular online services including banking applications, language learning platform Duolingo, and gaming service Roblox, according to reports. The technical glitch, while reportedly resolved within hours, exposed the concentrated nature of global cloud infrastructure that underpins modern digital economies.
