【France】Luxury Leader LVMH Reports Weak Q1 Performance… Also Hit by Tariff Fears
Editor’s NoteLVMH, the world’s leading luxury group, reported a slight year-on-year revenue decline of 1.9% for Q1 2024. This result underscores the…
Trade Policy
【USA】US Tariffs Impact International GIA Services
Editor’s NoteThe GIA has temporarily suspended sending diamonds from international locations to its U.S. labs for processing. Clients are advised to…
【South Korea】Trump’s Tariff Crisis: How Should Korean Consumer Goods Companies Respond?
Editor’s NoteThis article outlines the immediate implications of recent U.S. tariff announcements, including a significant hike on Chinese goods and…
【New Delhi, I】Oh My God! Trump Tariffs Have Truly Unleashed a Mountain of Trouble on These Businesses
Editor’s NoteThis article examines the immediate impact of new U.S. tariff rates on key Indian export sectors, highlighting the uneven consequences…
【Surat, India】US Tariffs Set to Cripple India’s Diamond Industry, Hurting Jobs, Exports
Editor’s NoteThis article highlights the significant economic pressures facing India’s diamond industry, as new U.S. tariffs threaten a key export…
【USA】The Tariff Chaos Generated by Trump is Contributing to Delivery Delays for Goods
Editor’s NoteThis personal account highlights the growing unpredictability of package deliveries amid shifting trade policies. The author’s…
【India, USA】India may cut tariffs on 30 items imported from US to prevent higher reciprocal tariffs: Nomura
Editor’s NoteThis article discusses a Nomura report indicating India may cut tariffs on over 30 items and boost purchases of U.S. defense and energy…
【Antwerp, Bel】In Antwerp, Diamond Traders Have the Blues: “The Belgian State Treats Us Like Criminals, the Entire Luxury Industry Is Leaving”
Editor’s NoteThis dispatch from Antwerp’s historic diamond district captures a moment of profound crisis for a traditional industry. The personal…
【Beijing, Chi】China Presents First Comprehensive Policy Document on WTO Reforms
Editor’s NoteChina has formally submitted its detailed policy proposal for WTO reforms, titled “China’s Position on WTO Reforms Under Current…
【Yiwu, Zhejia】In China’s Export Hub of Yiwu, Traders Shrug Off Trump’s Tariffs
Editor’s NoteThis article highlights the resilience of Chinese exporters in Yiwu amid new U.S. trade measures, reflecting broader adaptation…