Switzerland and the US just made a big trade deal. It's a win-win for both countries. The US will lower tariffs on Swiss goods. This means Swiss products will be cheaper to sell in the US. The new tariff rate is now 15%. That's a big drop from the previous 39%. This deal is a big relief for Switzer
Japan's economy is showing signs of resilience. In the third quarter of the year, companies in Japan spent more on buildings and equipment. This spending went up by 2. 9% compared to the same time last year. This is good news because it shows that the economy is still strong, even with challenges li
South Korea is taking steps to strengthen its auto industry. The government has announced plans to increase subsidies for electric vehicles (EVs) by 20% in 2026. This move aims to boost local demand and support the industry amid concerns over U. S. tariffs. The government has allocated 936 billion
Trade wars can be scary, but many big economies are ready to face them. A recent study looked at 20 big emerging markets. It checked things like debt levels and how much they rely on exports. The goal was to see how well they can handle trade problems and changing politics. Most of these economies
Adidas is in a bit of a tight spot. Their sales in North America took a hit, dropping by 5% in the third quarter. This isn't great news, but it's not all doom and gloom. The company's global sales actually grew by 3%, reaching a record 6. 63 billion euros. This growth is impressive, but it's not eno
The US tariffs have been a big headache for global companies, costing them over $35 billion. But there's a silver lining: many are adjusting to the new reality and even lowering their initial cost estimates. The tariffs, which are at their highest since the 1930s, have caused a lot of uncertainty.
Chinese e-commerce and logistics giants are swiftly setting up shop in Europe. This move comes as U. S. trade policies under President Donald Trump reshape global supply chains. Companies like JD. com Inc. are leading the charge, securing significant warehouse space across the continent. In the UK
In a show of unity, Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met during a regional summit in China. Their talk happened after they attended a key session of the Shanghai Cooperation Organization in Tianjin. This meeting is important because India and the U. S. are not
The United States has made a big change to its import rules. This change is causing problems for many countries and businesses. The "de minimis" rule used to let small packages enter the US without extra fees. But now, this rule is ending. This means more costs for businesses and more hassle for cus
Big changes are happening in the world of international shipping. Starting August 29, the US is changing its rules on import taxes for small packages. This has caused a lot of confusion and delays. Royal Mail and DHL have decided to pause some deliveries to the US. They need time to figure out how
