Crypto surged on Trump’s emergency tariff announcement but quickly reversed as China, Vietnam, and Taiwan faced steep rates …
BUSINESS
How tariffs impact major sportswear brands
Countries like Vietnam where Nike, Adidas and others make their shoes and clothing face President Donald Trump’s highest trade levies.
Sneaker prices likely to rise as Trump slaps hefty tariffs on Vietnam, China, and Indonesia
Retailers may not be able to fully offset these tariffs, as countering the impact of the levies on Vietnam alone would require price increases of 10% to 12%, per analysts.
Stocks of Consumer Brands Hit Hard by Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.
Meta’s Ad Business Relies a Lot on China. Tariffs Could Hurt It, Warns Analyst.
Wieser estimates roughly $10 billion of Meta’s revenue for ads shown in the U.S. originates from advertisers located outside the country–mainly from China. In 2024, Meta received $18 billion in revenue from China, which includes…
Samsung turns to China to prop up ailing chip business
Deals with Chinese tech giant Baidu come as South Korean giant loses ground in US and navigates Washington’s curbs
China, EU threaten to retaliate over Trump’s broad reciprocal tariffs: ‘There are no winners’
Alongside Wall Street, global stock markets took a beating after Trump unveiled a 10% baseline tax on all imports, as well as higher tariff rates for some major trade partners.
Shoe Companies From Crocs to Nike Pummeled After New Tariffs Outside China
Shoe brands make an outsized portion of their products in Vietnam, Cambodia and Indonesia, and some have increased their footprints there to divert more of the supply chain away from China.
China urges US to immediately lift tariffs, vows retaliation
China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.
China’s lidar sensor makers Hesai, RoboSense stand to gain after fatal Xiaomi SU7 EV crash
Adoption of the laser-based sensors will increase as consumers demand safe self-driving systems, analysts say.
China and America are racing to develop the best AI. But who is ahead in using it?
America or China? Speculation is at fever pitch. The world’s most famous artificial-intelligence company, OpenAI, is American. Models produced by DeepSeek, a Chinese competitor, are almost as good—and …
Trump’s auto tariffs could help China’s carmakers, experts say
Trump’s 25 percent tariff could ‘level the playing field’ for Chinese brands insulated from the US market, analyst say.
As Donald Trump’s trade war heats up, China is surprisingly confident
In response to Donald Trump’s first term as president, Xi Jinping, China’s leader, initiated a campaign to reduce China’s economic dependence on America. Chinese officials are hoping that a revival in domestic demand,
