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Early surge in US container imports coming to an end, shippers say

Early surge in US container imports coming to an end, shippers say

By Lisa Baertlein LOS ANGELES, Aug 7 (Reuters) - An early seasonal surge in U.S. container import volume, driven by shippers racing to avoid higher fuel surcharges tied to the U.S.-Israeli war with Iran and new U.S. tariffs, is ending, according to research released on Friday. 
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Bangladesh Garment Exports to US Decline Amidst Regional Competition

Bangladesh Garment Exports to US Decline Amidst Regional Competition

Bangladesh's readymade garment (RMG) exports to the United States have decreased by 5.58% in the first half of 2026, as reported by the Office of Textiles and Apparel (OTEXA). This decline is attributed to increased competition from regional players such as Vietnam, Cambodia, and Indonesia, which have shown growth in the US market. Vietnam has overtaken China as the top apparel supplier to the US, while Cambodia and Indonesia have also recorded significant growth. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) cites several domestic challenges, including high energy costs and political instability, as factors affecting Bangladesh's competitiveness.
Reuters Reuters
AI demand keeps China's export engine humming

AI demand keeps China's export engine humming

By Yukun Zhang and Ryan Woo BEIJING, Aug 7 (Reuters) - China's exports beat expectations in July, remaining a key driver of economic growth as the global AI infrastructure boom fuelled demand for high-tech goods and exporters rushed shipments ahead of higher U.S. tariffs.
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SP Angel Highlights Market Trends and Economic Developments

SP Angel Highlights Market Trends and Economic Developments

SP Angel Highlights Market Trends and Economic Developments
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U.S. Imposes New Tariffs on Semiconductor and Solar Materials, Impacting Global Supply Chains

U.S. Imposes New Tariffs on Semiconductor and Solar Materials, Impacting Global Supply Chains

U.S. Imposes New Tariffs on Semiconductor and Solar Materials, Impacting Global Supply Chains
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Shein Faces $99 Million Loss Amid U.S. Tariff Changes

Shein Faces $99 Million Loss Amid U.S. Tariff Changes

Shein Faces $99 Million Loss Amid U.S. Tariff Changes
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Tariff Uncertainty Impacts U.S. Import-Dependent Consumer Stocks

Tariff Uncertainty Impacts U.S. Import-Dependent Consumer Stocks

Tariff Uncertainty Impacts U.S. Import-Dependent Consumer Stocks
Reuters Reuters
China's July exports growth likely cooled but still robust

China's July exports growth likely cooled but still robust

BEIJING, Aug 6 (Reuters) - China's export growth likely lost some steam last month after June's blistering surge, but remained robust, a Reuters poll showed, powered by global demand for AI-related goods and a rush of shipments by factories ahead of expected higher U.S. tariffs.
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Peterson Institute Reports US Tariffs on China Ineffective in Reducing Dependence

Peterson Institute Reports US Tariffs on China Ineffective in Reducing Dependence

Peterson Institute Reports US Tariffs on China Ineffective in Reducing Dependence
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China Implements Retaliatory Measures Against US Amid Trade Tensions

China Implements Retaliatory Measures Against US Amid Trade Tensions

China has escalated its response to recent US actions by implementing a series of retaliatory measures. The Chinese Ministry of Commerce announced tighter export controls on drones and related technologies, sanctions against seven US companies, and the initiation of its first foreign trade-related national security investigation. These actions are in response to US sanctions on Chinese companies and bans on imports of Chinese drones, robots, and power inverters. Analysts note that these measures highlight the depth and breadth of China's retaliatory strategy, marking a significant shift from its previous responses during President Trump's first term.
TheStreet TheStreet
Scott Bessent sends strong message on oil price and Iran

Scott Bessent sends strong message on oil price and Iran

For months, oil traders have been pricing in the possibility that the Strait of Hormuz stays closed. Every week that passed without a deal added more of a risk premium to crude. By early August, that premium had become a significant part of the price. Scott Bessent, the U.S. Secretary of the ...
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Capri Holdings Faces Stock Decline Amid Tariff and Inventory Challenges

Capri Holdings Faces Stock Decline Amid Tariff and Inventory Challenges

Capri Holdings Faces Stock Decline Amid Tariff and Inventory Challenges