With majority of toys sold in the U.S. made in China, increased tariff on imports expected to be passed on to customers …
Monthly Archives For March 2025
Walmart asks China suppliers for price cuts on Trump tariffs, Bloomberg News reports
Suppliers’ margins are already razor thin due to Walmart procuring goods cheaply in order to maintain its competitive advantage.
Panama Port Deal Plants U.S. Flag in China-Dominated Sector
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Toys are expected to cost more by fall due to new US tariffs on Chinese imports
As toy inventors, toy manufacturers and buyers for stores that sell toys met for an annual trade show in New York last weekend, a topic besides which items were destined for holiday wish lists permeated…
SEC Crypto Task Force is ‘something that we should have been done years ago,’ acting chairman says
Acting SEC Chairman Mark Uyeda discusses the halt in probes into crypto firms, regulation, China’s presence in U.S. markets and efforts for technology independence.
A Bitcoin Reserve Launch? What To Expect From The White House Crypto Summit
Trump officials and industry leaders meet Friday for the first-of-its-kind White House Crypto Summit. Expect details on the bitcoin reserve.
Five years ago this week: Austin canceled SXSW because of COVID-19
On March 6, 2020, the decision to cancel the popular event signaled that the health threat caused by COVID had reached Austin.
China To Fired Gov’t Workers: Come To Our ‘Metropolis Of The Future’
Tech firms in China are actively recruiting U.S. scientists recently laid off from federal research agencies due to President Donald …
Fact-Checking Trump’s Fentanyl Justification for Tariffs on Canada, Mexico and China
Trump during his address to Congress said that Canada and Mexico ‘have allowed fentanyl to come into our country at levels never seen before.’
China mulls ending price cap on local governments buying apartments, Bloomberg News reports
China is considering removing a price limit for local governments buying unsold apartments, in a move to accelerate the clearance of millions of empty homes, Bloomberg News reported on Thursday, …
China Mobile Qinghai and Huawei’s RuralStar Plus Wins GSMA GLOMO “Best Mobile Innovation for Emerging Markets”
China Mobile Qinghai and Huawei won the GSMA Global Mobile Award (GLOMO) “Best Mobile Innovation for Emerging Markets” for their RuralStar Plus solution.
China’s Biggest State-Owned Banks’ Capital In Focus At Economic Policy Meet
Postal Savings Bank of China Co. Ltd. had 1.28 percentage points of common equity Tier 1 ratio above its regulatory requirement of 8%. Click to read.
China Warns The U.S. It’s Ready For ‘A Tariff War, A Trade War Or Any Other Type Of War’
Beijing is warning the U.S. it is ready to fight “a tariff war, a trade war or any other type of war” after President Donald Trump doubled the tariffs already in place for Chinese imports…