President Donald Trump’s election has diminished America’s soft power due to his controversial record and erratic policy-making. His focus on tariffs may lead to global protectionism and economic turmoil, impacting US trade deficits and relationships with allies and adversaries. Uncertainty surrounds US strategies in East Asia, particularly concerning China, Taiwan, and Israel, with potential implications for regional stability and international relations.
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Price hike on Shein? How Trump tariffs could shift the US’s love of fast fashion
Donald Trump has ended the 'de-minimis' rule, a duty-free exemption for low-priced goods from China and Hong Kong, which is expected to increase prices for retailers like Temu amid escalating trade tensions. This change, part of a broader tariff policy announced last week, will affect packages under $800 that previously faced minimal inspections and no tariffs. Experts warn that the impending price hikes on affordable clothing may drive consumers to seek alternatives, impacting the fast...
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