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Home > Latest

Lates News

date
13/07/2025
The Mexican Ministry of Economy stated "Mexico is currently negotiating".
Latest
29 m ago
Hainan Province Meteorological Observatory issued a yellow warning signal for thunderstorms and gales at sea on July 13, 2025 at 03:12: Thunderstorms and strong winds may occur in the western waters of the island from 03:15 to 08:00, with wind force reaching 7-9 levels, accompanied by intense lightning. Relevant units and personnel are advised to take precautions.
1 h ago
Amazon Prime Day boosts online consumption in the US by 30.3%. Consumers stock up on household essentials.
1 h ago
According to Adobe's data, Amazon's Prime Day promotion drove online consumer spending in the United States by 30.3% to reach $24.1 billion, exceeding the expected growth of 28.4% for the period ending July 11. To give shoppers more time to browse the millions of discounted items on its website, Amazon extended Prime Day from two days to four days this year. However, this strategy also has its drawbacks: due to the trade conflicts initiated by U.S. President Trump, consumers were already cautious and chose to wait before making purchases, adding items to their shopping carts but not immediately clicking to buy. Many shoppers also did not splurge on expensive electronics or luxury items, but instead stocked up on household essentials like dish soap and paper plates during the promotion. Data collected by the research company Numerator from over 50,000 household samples shows that two-thirds of purchased items had a price below $20, with an average household spending of $156.
3 h ago
China's US sea freight rates are on a roller coaster, with the latest data showing a rebound after a decline, reflecting changes in demand.
3 h ago
In the United States, while waving the heavy tariff stick against multiple countries, the July export performance of China remains strong as the "counter tariffs" postponement is extended. The air freight rates to the U.S. have stopped falling and started to rise. As international capacity gradually recovers, the demand is relatively stable, and the Chinese export container index has shown a downward trend recently. Different routes have certain differences due to their respective supply and demand fundamentals. The ongoing fluctuation of the North American routes is mainly caused by the Trump administration's repeated tariff policies. On July 11, the Shanghai Export Container Composite Freight Index released by the Shanghai Shipping Exchange was 1733.29 points, a decrease of 1.7% from the previous period. During the same period, the freight rates from Shanghai Port to the West Coast and East Coast markets of the U.S. (including shipping and surcharges) were $2194/FEU and $4172/FEU respectively, with increases of 5.0% and 1.2% respectively from the previous period. This is the first time the freight rates have started to rise again after continuously falling since the second week of June. (First Financial News)
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