Super Typhoon Ragasa disrupts iPhone production, cross-border e-commerce in southern China

Super Typhoon Ragasa disrupts iPhone production, cross-border e-commerce in southern China

Super Typhoon Ragasa disrupted production of Apple’s iPhones in Shenzhen and crucial pre-holiday shipments by cross-border e-commerce merchants, as the year’s strongest storm barrelled towards southern China with heavy rain and hurricane-force winds. The world’s largest electronics contract manufacturer, Foxconn Technology Group, on Tuesday suspended assembly work at its Shenzhen unit – the innovative Product…

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Donald Trump Tariff Effect: Prices of China-made items sold in US outpaced core inflation since May, says report

A recent analysis conducted on 1,400 products has shown that China-made goods sold in the United States are seeing a hike that’s faster than the country’s overall inflation. According to a report by Reuters, citing an exclusive analysis by DataWeave, the rise in the prices of Chinese products shows a sign that tariffs are starting…

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