Its US website has shifted to offer only what it calls “local” items – or products that were shipped overseas in bulk and stored in US warehouses in a mad dash to beat the tariffs.
BUSINESS
Inside RAK DAO: How Ras Al Khaimah is building a global hub for blockchain innovation with Luc Froehlich
As the global blockchain ecosystem matures, entrepreneurs are increasingly seeking jurisdictions that balance innovation with infrastructure, and few places are doing this as purposefully as RAK …
Tencent, Alibaba set to prevail in China AI, despite DeepSeek
Tencent and Alibaba lead China’s AI software sector, outpacing Baidu as DeepSeek enables tech development and ByteDance, Huawei gain ground, Bloomberg Intelligence analysis shows.
This German Automaker Could Stop Selling EVs in China
Chinese manufacturers have put foreign automakers on their toes, so much so that one German brand is considering pulling out of China’s EV segment entirely.
Are Trump’s tariffs just punishing China for being good at what it does?
A Chinese exporter says Trump’s tariffs simply aren’t fair, while a U.S. buyer hopes for a trade war truce, because “China produces what you want.”
Nvidia is working on China-tailored chips again after US export ban, The Information reports
Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its AI chips so they can be sold to Chinese businesses without clashing with U.S. export rules, The Information…
Major Tariff Loophole Closed Today—And Cheap Imports Will Be Hit Hard. Here’s What To Expect.
Trump referred to the commonly used trade exemption as a “big scam going on against our country, against really small businesses.”
Bitcoin unsure as recession looms, US-China tariff talks kick off
Bitcoin still faces uncertainty due to fears of recession, but signs of potential trade negotiations in May could provide more relief for investors.
China quietly exempts about a quarter of U.S. imports from tariffs
China has quietly started to exempt some US goods from tariffs that likely cover around $40 billion worth of imports, in what looks like an effort to soften the blow of the trade war on…
‘Living perfectly well without American goods’: Why more Chinese shoppers support local brands
China tariff war unfolds, consumers are already shifting their habits. Analysts say American shoppers may face greater fallout, given their reliance on low-cost Chinese goods.
China Quietly Exempts About a Quarter of US Imports from Tariffs
China has quietly started to exempt some US goods from tariffs that likely cover around $40 billion worth of imports, in what looks like an effort to soften the blow of the trade war on…
China’s electric vehicle industry is preparing to take on the world. Is America ready?
Once seen as a producer of clumsy knock-offs, Chinese carmakers have catapulted to the forefront of the growing global EV industry.
Bitcoin Price Rises. China Trade Hope, MicroStrategy, Other Things Driving Cryptos.
Bitcoin has shown signs of decoupling with the stock market but is still very much affected by macroeconomic conditions.
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