Eliminating de minimis will cost U.S. consumers between $10.9bln and $13bln overall, but the relative cost per person will be higher for lower-income Americans, according to the paper, expected to be ...

We advise caution on PDD Holdings due to regulatory risks, slowing revenue growth, and competition from Amazon's new services ...

The Trump administration’s decision to close the U.S. Agency for International Development has drawn widespread criticism ...

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is particularly exposed to currency swings.

Matthew Cannon's college-age daughter forwarded him a request from delivery company DHL asking for duties and fees of $45.19 ...

DeepSeek AI claims a $6 million breakthrough, but is it innovation or deception? Explore China's AI strategy, Wall Street’s reaction, and the truth behind its rapid rise.

The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.

The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...

Alibaba's AI advancements and promising financial growth make it a compelling stock with significant upside potential. Read ...

X-energy, a company aiming to develop high-tech nuclear plants, said on Thursday it has closed $700 million in financing to help finish reactor design and licensing as well as construction of a ...

Both sites grew exponentially in the U.S. in recent years helped by the so-called de minimis rule, a measure that exempted shipments worth less than $800 from import duties. A June 2023 report ...

USPS said it would work with Customs and Border Protection to implement a collection process for new China tariffs to avoid ...