This is a story about painting with a very broad brush. In late July of this year, President Trump declared an end to a tariff exemption for small shipments. It may have been meant to hit some large Chinese companies, but it's also hitting small businesses on the other side of the world.The minimum is it's very it's a big deal. It's a big scam going on against our country, against really small businesses, and we've ended we put an end to it. 3,000 miles away from Washington across the Atlantic, Harriet Dwin ...

3000 miles away from Washington across the Atlantic. Harriet to Wynton has built a business painting with the smallest of brushes. It began with wedding stationery, beautiful, hand-painted, illustrated designs, and that quickly transformed into a much broader range of things from a cottage in the quiet countryside of Devon, England, to Winton paints, posts, videos and sells the supplies she uses to customers around the world.I taught I. I write watercolor books which we sell around the world and also art su ...

The EU is doubling its tariffs on steel imports to 50% and slashing quotas as it grapples with a glut of cheap imports https://t.co/QjQQyajtYW ...

Global postal services used a forum in Dubai this week to vent their frustrations about the US’s new regime for low-value imports https://t.co/VPGIBGmB1o ...

Trade Balance & GDP Growth - The trade deficit widened to $783 billion from $602 billion [1] - Imports increased by 59%, while exports increased by 03% [1] - Increased imports may negatively impact GDP growth outlook for the third quarter [2] - The increase in imports may be due to companies stocking up before tariffs were reimposed in August [2] - August trade numbers may differ if the import surge reverses [3] Labor Market - Jobless claims are now at 37000, slightly higher than the anticipated 23000 [1] - Continuing claims are at 194 million, down from 10000944 [1] - ADP reported only 54000 jobs created [2]

Japan will handle US demands to buy more American rice within the confines of its existing overall cap on duty-free imports and has no plans to lower its tariffs on farm products https://t.co/JjXmrZom0f ...

Policy Change Impact - The US government has suspended the duty-free *de minimis* rule, potentially increasing costs for consumers on e-commerce packages valued at $800 or less [1] - Foreign post offices are suspending e-commerce package shipments to the US due to the complexity of tariff collection [6] - US manufacturers anticipate increased demand due to a leveled playing field with foreign suppliers now facing similar import costs [8] Business Strategies & Challenges - Companies may consider housing inventory in US warehouses to avoid individual tariffs on packages [5] - Smaller businesses are expected to face greater challenges navigating the tariff changes compared to larger companies with more resources [6] - Businesses are exploring options such as paying tariffs upfront or halting shipments to the US to avoid passing costs to consumers [7] Consumer Impact - Consumers should anticipate potentially higher prices and reduced choices in the short term [8] - The exact impact on consumer costs remains uncertain, as companies may choose to absorb or share the tariff expenses [3]

Trade Policy & Geopolitics - Mexico is considering targeting imports of textiles and automobiles, with a focus on Chinese cars, which have surpassed Russia as a top destination for them [2] - The potential policy shift aims to bolster domestic production in Mexico [3] - The U S administration has been pressuring Mexico to act against cheap Chinese goods entering Mexico and potentially crossing the border into the U S [4] - The U S has employed similar tactics with other economic allies, encouraging tariffs or sanctions against China [5] Economic Impact - The move is considered politically and economically significant for Mexico [1] - The details of the policy are still being finalized [1][2] US-China Relations - The U S views this as a way to counter China's economic influence [4][5]

The Mexican government plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation’s businesses from cheap imports and satisfying a longstanding demand of Donald Trump https://t.co/bagZNQ6F7B ...

Trade Policy - The US has doubled tariffs on imports from India to 50% [1] - These tariffs are among the highest the US charges [1]