
Skechers Sale Looms Under Trump’s Tariffs in $9.4B Deal
Under mounting tariffs, US footwear leader Skechers agrees to a $9.4B sale to 3G Capital, highlighting trade-war squeeze on global supply chains and industry shakeups.
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Under mounting tariffs, US footwear leader Skechers agrees to a $9.4B sale to 3G Capital, highlighting trade-war squeeze on global supply chains and industry shakeups.
At the 137th Canton Fair, Chinese mainland exporters diversify markets and innovate to counter rising US tariffs.
Facing rising tariffs, exporters from the Chinese mainland are winning new business in South America by adapting designs and tapping global trends.
One month into the U.S. “reciprocal tariffs”, New Yorkers from bankers to teachers say higher costs and economic fallout are already here.
Chinese mainland’s manufacturing PMI dipped to 49.0 in April, signaling slight contraction but sparking cautious optimism among factory managers and global markets.
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The Chinese mainland’s Ningbo-Zhoushan Port is set to receive 40 vessels of Brazilian soybeans in April, a 48% rise year-on-year, as China diversifies from U.S. suppliers.
China’s latest CPC Political Bureau meeting reassures global markets with proactive fiscal and monetary policies, support for businesses and workers, and a roadmap for service-driven growth.
Europe races to diversify trade as U.S. tariffs shake up transatlantic ties. At IMF and World Bank meetings, delegates explore new partnerships from Asia to Africa.
Hong Kong’s financial markets remain stable despite renewed U.S. tariffs, thanks to robust liquidity and open-market resilience, says Darryl Chan of the HKMA.