Category: Trends & Shopping

US President Donald Trump has announced a sweeping 30 per cent tariff on all imports from Mexico and the European Union, set to take effect on August 1, 2025. The move follows unsuccessful negotiations with both trading partners over broader trade reforms. In separate letters posted on Truth Social, President Trump cited persistent trade deficits…

Unifa Accessories (BD) Co Ltd, a China–British Virgin Islands joint venture, will invest $48.66 million to establish a bag and fashion accessories manufacturing unit in the BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram. The company signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) recently, at the BEPZA Complex in Dhaka to…

The calendar-adjusted output of the Dutch manufacturing sector was 0.8 per cent higher year on year (YoY) in May this year, according to Statistics Netherlands (CBS). Output rose in half of the sectors. Half of the various industrial sectors produced more than they did one year previously. Of the eight largest sectors, output fell the…

Germany’s foreign trade performance in May 2025 showed mixed signals, with exports and imports both declining monthly, according to the Federal Statistical Office (Destatis). Despite the monthly setbacks, Germany still posted a robust foreign trade surplus of €18.4 billion (~$21.65 bn) in May 2025. Exports of goods fell by 1.4 per cent compared to April…

China-origin container volumes to the US remained significantly subdued in June 2025, totalling 639,300 twenty-foot equivalent units (TEUs)—flat month-on-month (MoM) but 28.3 per cent below June 2024 levels, according to The Global Shipping Report released by Descartes. China’s share of total US imports dropped to 28.8 per cent, its lowest since 2021, reflecting the lingering…

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Walmart is scaling AI tools for 1.5 million US employees. Its drone delivery is also expanding to 100 stores across five new cities. The retailer stands out by already integrating multiple AI tools into a single platform, unlike competitors. With features like real-time translation, AI task management, and rapid fulfilment via Wing drones, Walmart leads…

Freight trains departing from south China’s Guangxi Zhuang Autonomous Region towards Vietnam transported 18,870 twenty-foot equivalent units (TEUs) of goods in the first half (H1) this year—a year-on-year (YoY) increase of 283 per cent, according to the China Railway Nanning Group. The frequency of scheduled China-Vietnam freight trains has increased from five trips per week…

For the first time in over a decade—pandemic aside—the personal luxury market is experiencing a slowdown in growth, according to the 11th edition of the True-Luxury Global Consumer Insights report by BCG and Altagamma. The report explores the key drivers behind recent shifts in the sector and offers insights into the trends that will shape…

Global trade conditions continued to deteriorate at the end of the second quarter (Q2) this year and the rate of decline eased for a second successive month and was only marginal, worldwide purchasing managers’ index (PMI) surveys compiled by S&P Global Market Intelligence indicate. The seasonally-adjusted global PMI new export orders index, sponsored by JPMorgan,…