In August, trade numbers took a dive. The reason? New tariffs. These taxes on imports and exports started on August 7th. They came from the U. S. government. The result? A big drop in trade. First, let's talk about imports. These are goods and services bought from other countries. In August, they dropped by 5. 1%. That's a lot! The total was $340. 4 billion. Why? Be...
Microsoft has made some moves that might make customers think twice. They've stopped selling the basic 256GB versions of the Surface Pro and Surface Laptop. This isn't a price hike, but it sure feels like one. The company has also bumped up the cost of some accessories. The Surface USB-C Travel Hub now costs 120 dollars instead of 100 dollars. The Surface Arc Mouse ...
The global trade scene is shifting, and Turkey is keeping a close eye on the changes. With the recent tariffs imposed by the United States, the country is seeing potential benefits. These tariffs have disrupted the usual flow of goods, but Turkey might just find a way to turn this disruption into an opportunity. Turkey has a strong trade relationship with many count...
The world of precious metals is buzzing with activity. Gold and silver prices have been on a roll, reaching new heights over several trading sessions. This surge is not just a random event. It is a direct response to the global trade tensions stirred up by certain countries. These tensions have led to a wave of tariffs, which are essentially taxes on imported goods. ...
The impact of new import taxes on US businesses is expected to be significant. Tough times are ahead for American businesses, with import taxes hitting key supplies from Canada, Mexico, and China. These taxes will drive up the cost of goods and services for American consumers. The levies will see prices skyrocket by August 29th 2023. The United States government has...