Chinese Jewelry to be tariffed in three weeks

The Trump administration is delaying planned tariffs in order to save Christmas for toy, clothing, footwear, and electronic retailers—although some in the jewelry business are wondering why it also didn’t get a last-minute reprieve. Might be because the other items seem to be a little more in the line of necessity for Christmas presents. In…

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Trump going ahead with tariffs on Chinese goods

Trump said he will place a tariff on $300 billion of Chinese goods coming into the US. That just about covers all Chinese goods coming into the US. The new tariffs could hit US consumers harder than the earlier rounds. It would tax goods like iPhones and other consumer electronics, sneakers, and toys. Last year, Trump…

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Amazon Prime Days more lucrative than expected

Amazon’s Prime Day—the retailer’s annual two-day discount shopping event—was more lucrative than its most recent Black Friday and Cyber Monday events combined, reported the retailer. Prime Day 2019 took place July 15 and 16, and “was once again the largest shopping event” in Amazon’s history, the company revealed in a public statement. U.S. Prime members bought more than 175 million items. The…

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