
Tariff Tensions Hit U.S. Retail Giants: Target, Walmart Feel the Pinch
Rising tariffs are squeezing major U.S. retailers. Target cuts its sales forecast, and Walmart warns of profit pressure and job cuts amid escalating trade costs.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
Rising tariffs are squeezing major U.S. retailers. Target cuts its sales forecast, and Walmart warns of profit pressure and job cuts amid escalating trade costs.
President Trump calls on Walmart to absorb new tariffs and shield consumers from price hikes, as trade tensions threaten global retail costs.
U.S. small firms warn of bankruptcy as Trump-era tariffs squeeze export revenue and cash flow, while Walmart signals price hikes ahead amid narrow margins.
Argentina’s shops face soaring inflation despite receiving the first chunk of a $20bn IMF loan aimed at stabilizing the economy.
DFS China bridges international and Chinese luxury brands at the China International Consumer Products Expo, reshaping the global luxury market.
Hainan’s zero-tariff policy delivered 2.89 billion yuan in tax savings, transforming the Chinese island into a global retail innovation hub.
China mobilizes major retailers to help export enterprises pivot to domestic markets amid U.S. tariff pressures.
Innovative business forms on the Chinese mainland are transforming consumer markets with integrated, quality-driven experiences.
The ‘guzi economy’ is reshaping the retail landscape by integrating vibrant pop culture elements, attracting a new generation of consumers.
A Paraguayan retail director highlights the growing presence of Chinese brands in Paraguay and expresses hopes for closer ties with China to boost the country’s development.