Long regarded as a predictor of the state of the American economy, Texas is now issuing a sobering warning. According to recent data from the Dallas Fed, retail sales activity in Texas has fallen to levels not seen since the pandemic's peak in April 2020, and consumer spending has completely collapsed in the state. In May 2025, the state's retail sales index fell 33 points to -30.5, ...
White House Shortlists 36 More Countries For Travel Ban
Public safety, national security, and the need to protect the integrity of the U.S. immigration systems are the main reasons behind the White House's decision to shortlist 36 more nations for a possible travel ban. This extension, which builds on previous prohibitions that affected 12 countries, is a deliberate action based on risk assessments, intelligence evaluations, and the ongoing ...
New China Trade Deal Takes U.S. Back to Square One – What It Means for Shoppers
In a recent trade agreement, China lowered its tariffs on U.S. imports from 125% to 10%, while the United States dropped its tariffs on Chinese goods from an astounding 145% to 55%. Although this seems like progress on the surface, the United States is essentially starting over in its trade dispute with China. The 55% tariff on Chinese goods is still excessively high and acts as a significant tax ...
UK-US Trade Collapses After Trump’s Tariff Blitz—What It Means for Retail
President Donald Trump's aggressive tariff policies doubled steel and aluminum tariffs to 50% and imposed a baseline 10% tariff on all UK imports to the US. The tariffs raise prices for UK exporters, lower their ability to compete in the US market, and have an impact on the retail industry, endangering consumer prices and jobs. By forcing retailers to either absorb costs, which lowers margins ...
9 Fashion Trends from the Past That Were Incredibly Dangerous for Health
Fashion has frequently come at a high cost, from physically deforming clothing to harmful chemicals in cosmetics. This article examines nine of the riskiest fashion trends in history, showing how fashion occasionally overshadowed safety, frequently with disastrous results. In addition to reflecting cultural values, fashion also reflects societal priorities, with beauty occasionally taking ...
Trump Says US-China Trade Deal Is Done – Should Americans Expect Lower Prices?
A new trade agreement between the United States and China is "done," according to President Donald Trump, pending final approval by both he and Chinese President Xi Jinping. With China maintaining tariffs at 10% on US goods and the US maintaining tariffs at 55% on Chinese imports, the agreement creates a framework to ease the ongoing trade dispute between the two biggest economies. The ...
Shein and Temu See U.S. Exodus After Trump Closes Tariff Loophole
The business strategies of Chinese e-commerce behemoths Shein and Temu in the US market have been severely impacted by the recent closure of the US "de minimis" tariff loophole, which exempted imports under $800 from tariffs. The cost advantage these businesses enjoyed is essentially gone thanks to a policy change implemented under President Donald Trump that imposes tariffs of up to 120% or ...
ALDI Slashes Prices on 400 Must-Have Essentials for Huge Summer Savings
For the summer of 2025, Aldi has announced a massive price cut on more than 400 necessities, or nearly 25% of its stock, across its 2,400+ locations in the United States. With savings of up to 33% on popular seasonal products like fresh meat, produce, pantry essentials, and snacks. Aldi's strategy, which solidifies its position as the country's grocery retail price leader, is an extension of ...