Drop in Chinese Tourism Hits Japan’s Local Economy
After Prime Minister Sanae Takaichi’s remarks on the island of Taiwan, visitor numbers from the Chinese mainland plunged, squeezing Japan’s tourism and retail sectors.
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US Furniture Retailers Brace for Trump’s 30-50% Tariffs
The Home Furnishings Association warns that Trump’s new 30-50% tariffs on furniture could hike costs, dampen demand and force retailers to rethink sourcing before Oct. 1.