The latest US-China tariff deal is making headlines—but don’t expect prices to return to normal just yet. After skyrocketing to 145% in April, tariffs on Chinese goods have been slashed to 30%, thanks to a trade truce reached on Monday. Starting Wednesday, import taxes will be sharply reduced for 90 days. It’s a rare moment of calm in a trade war that’s raised costs on everything from toys to ...
The Trade War Is Over; China Accepts US Terms
After years of impending tariffs and economic brinksmanship, the United States and China have reached a 90-day truce, slashing tariffs dramatically and increasing hopes for easing the protracted trade war. The agreement, reached in top-level talks in Geneva, requires the U.S. to slash tariffs on Chinese imports and vice versa by 115%. While world markets and experts are meeting this breaking ...
Europe Pivots Away From ‘Cursed’ Made In America Products
Across Europe, a growing number of consumers are rejecting American-made goods—and not just for political reasons. Once associated with innovation and status, Tesla and other high-profile U.S. brands are now being described in online forums as “cursed,” symbolic of cultural imperialism, inflated prices, and corporate overreach.This shift, fueled by U.S. tariffs and trade tensions, has ...
Major Pharmacy Retailer Shutting 200 Stores—How Will It Impact Your Beauty Haul?
A major pharmacy retailer is set to close nearly 200 stores next month, marking another wave in the ongoing trend of drugstore downsizing across the U.S. This move, which has been seen from multiple retailers in the past few months, is proof of the industry's challenges. Declining prescription reimbursements, rising theft, and shifting consumer habits toward online shopping and big-box retailers ...
Walmart Makes Bold Patriotic Move Before Tariffs Hit America
As sweeping tariffs reshape America’s economy, Walmart is making waves with a bold, patriotic pivot. In a tense global trade climate—where tariffs on Chinese goods are spiking up to 145%—the retail giant has launched a major initiative backing American-made products. Ahead of the full tariff rollout, Walmart unveiled its “Grow with US” program, investing directly in domestic manufacturing ...
Popular American Gym Chain Files for Bankruptcy
In the past few years, how people see their expenses has completely changed, especially when exercising. For one particular gym, this struggle has taken its toll in more ways than one. With many gyms facing closures and financial distress after Covid, a popular American gym chain is following in the footsteps of many major retailers and gyms. Known as "the world's trusted fitness authority," ...
Iconic Mall Chain Announces More Permanent Closures Nationwide
The retail landscape in the United States is undergoing a profound transformation, marked by the widespread closure of many iconic mall stores and chains. This shift is being driven by changing consumer behaviors, the growth of e-commerce, and economic pressures that have intensified since the late 2000s and accelerated during the COVID-19 pandemic. The closures of major retailers such ...
Target Vows to Drop $2 Billion On Black-Owned Businesses in Effort to Win Consumers Back
In 2021, Target made headlines by vowing to spend over $2 billion with Black-owned businesses over the next five years. This high-risk bet was presented as a response to the national reckoning on racial injustice during the Black Lives Matter movement. However, by early 2025, that optimism turned into a scandal. Target quietly dismantled its diversity initiatives, resulting in nationwide ...