New tariffs aimed at revitalizing American manufacturing are unexpectedly pushing businesses to seek opportunities in Canada. Companies are highlighting the allure of lower production costs and more favorable trade conditions as major reasons for their move, posing a significant challenge to U.S. policy objectives.
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In a bold move, former President Donald Trump has threatened to impose an additional 50% tariff on Chinese imports, potentially driving total tariffs beyond the 100% mark. This escalation raises concerns about the impact on U.S.-China trade relations and global markets.
TikTok is set to launch its shopping feature, TikTok Shop, in France, Germany, and Italy, further enhancing its e-commerce capabilities. This move aims to integrate social media and online shopping, allowing users to purchase products directly through the platform.