Tariffs haunt the global economy once more. Washington under Donald Trump, driven by a potent mix of economic anxiety and political nostalgia, slapped high duties on imports from virtually every country, dreaming of smokestacks rising again across the Rust Belt. It was all about making America great again – MAGA. Many saw it as a…
And that requires swallowing our pride here, right? Like we actually need to learn from China, even though US politicians don’t want to admit that. Yes. I think that we should all swallow pride. My personal philosophy is that if anyone wants to serve me shit, my answer is always going to be: “Please sir,…
The US president’s escalation comes despite a 90-day pause on increased tariffs that has already been agreed, and as negotiations between the world’s two largest economies loom. United States President Donald Trump has said that China must give the US more magnets or “we have to charge them 200 percent tariff or something” amid a…
SEATTLE — Washington-based aircraft corporation Boeing is in talks to sell as many as 500 jets to China, according to Bloomberg News. “This is wonderful news for Washington [state], obviously, with new jobs,” aviation expert Michael Boyd said. SEE ALSO | Boeing secures big win landing $96 billion deal with Qatar Airways If the 500…
China is on a mission to turn its military into a modern fighting force. In the second of this four-part series, we look at how its massive defence industry can support China’s military goals, and during wartime could be further bolstered by the civilian manufacturing sector. In the northeastern city of Shenyang, the future of…
Intel posted details of the plan soon afterward, saying the administration would make an $8.9 billion investment in Intel common stock, paid for with the CHIPS grant money. The company said the stake would be funded with $5.7 billion in grants previously awarded but not yet paid, and $3.2 billion from a separate Defense Department program. It said…
The extraordinary development follows a meeting between CEO Lip-Bu Tan and Trump after he called for Tan’s removal. The United States government will take a 10 percent stake in Intel under an agreement with the struggling chipmaker, President Donald Trump has said, marking the latest extraordinary intervention in corporate affairs. Trump made the announcement on…
YKK will provide educational sessions and showcase how fastening items, including zippers, snaps, and buttons, function. Credit: Victoria OM/Shutterstock.com. The joint YKK and Fashion Frontier Program, which is endorsed by Japan’s Ministry of the Environment, aims to discover and nurture upcoming fashion designers with a focus on sustainable design utilising fastening products such as snaps,…
Please log in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties. Earlier this year, phones were ringing non-stop at Gokaldas Exports, one of India’s largest apparel manufacturers. When US president Donald Trump first unleashed his global tariff war, the calls were mostly…
Even as the United States slaps India with a 50 percent tariff, the highest among all countries so far and one that will push their relationship to its lowest moment in years, one thing is clear: US President Donald Trump is more interested in onshoring than friend-shoring, experts say. On Wednesday, the US announced an…