Donald Trump

Is This the End of Cheap Stuff in America?
As US sales of Shein and Temu plummet, some sustainability advocates make the case for an unlikely win in the movement toward conscious consumption under President Donald Trump’s protectionist trade policies.

Lessons From Trump’s Degrowth Experiment
The US President’s tariffs are effectively achieving what a decade of sustainable fashion campaigning couldn’t accomplish: curbing overconsumption. It won’t result in meaningful environmental gains, argues Kenneth P. Pucker.

US Economy Contracts for First Time Since 2022 on Imports Surge
The US GDP decreased an annualised 0.3 percent in the first quarter, well below average growth of 3 percent in the previous two years.

Chinese E-Commerce Exports Plummet in Face of Tariffs, Despite Rise in Sales to EU
China’s total e-commerce shipping plunged 65 percent by volume in the first three months of the year, but rose 28 percent in Europe.

Trump Tariffs Prompt Slump in Shipments to US Ports
The number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third year on year.

The Executive Briefing: Blowing Up the Online Ad Market
This month, US antitrust actions against Google and Meta threatened to upend fashion marketing, even as ‘Liberation Day’ tariffs jolted the industry’s supply chains. Read on for your concise breakdown of April’s key developments from executive editor Brian Baskin.

US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal
Trump told reporters the US and China held talks on Thursday to resolve the trade war between the world’s two largest economies.

China Says US Should Revoke Unilateral Tariffs, Denies Talks
Chinese Commerce Ministry spokesman He Yadong said Thursday, “Any reports on development in talks are groundless” and called for the US to revoke all unilateral tariffs imposed on China.

Trump Floats ‘Substantial’ China Tariffs Cuts in Trade Deal
‘It will come down substantially but it won’t be zero,’ Trump said Tuesday in Washington following earlier comments from Treasury Secretary Scott Bessent that the standoff was unsustainable.

Target, Walmart Executives to Meet Trump as Tariff Angst Spreads
Business executives from Walmart, Target, Home Depot and Lowe’s will seek relief from sweeping tariffs in a meeting with Trump at the White House on Monday, Bloomberg reported.