Daniela Wei

1 week ago | bloomberg.com | Dan Strumpf |Philip Heijmans |Daniela Wei

Nike and MLB branded shoes for sale at a stall in Hanoi, Vietnam, on April 12, 2025. (Bloomberg) -- Among the countries and businesses with the most at stake in the trade war unleashed by US President Donald Trump are those that supply Americans with their clothing and shoes. Trump has imposed draconian tariffs on imports from China, which has remained a major manufacturing base for apparel sold in the US. For the moment, imports from other countries face an elevated 10% levy.

1 week ago | afr.com | Annabelle Droulers |Daniela Wei

Hong Kong | TikTok users are being inundated with videos from Chinese influencers encouraging American and other Western buyers to overcome punitive Trump tariffs by buying direct from the “world’s factory” — China. Mostly filmed at Chinese factories purporting to supply top US brands from Lululemon to Nike, the influencers aim to “expose” how the vast majority of consumer goods are made in the world’s second-largest economy. Loading...

1 month ago | bloomberg.com | James Mayger |Daniela Wei |Lulu Shen |Lucille Liu

Sunny Hu was about to go to bed when her phone lit up bearing bad news for her outdoor furniture business: More US tariffs just dropped. “I’m speechless. I feel like there’s nothing I can do,” said Hu, whose company makes patio sets in eastern China and sells mostly to American retailers. The next day, her US sales team brought another dreaded update — some customers held their orders because of Donald Trump’s torrent of levies.

2 months ago | finance.yahoo.com | Daniela Sirtori |Daniela Wei |Joumanna Bercetche

(Bloomberg) -- Starbucks Corp. plans to expand in the Middle East, adding hundreds of new stores, as the global coffee chain seeks to bounce back in the region after facing challenging conditions and consumer boycotts last year. The company plans to open about 500 new locations and add 5,000 jobs over the next five years in the region, Chief Executive Officer Brian Niccol said in an interview on Bloomberg Television on Friday. Starbucks currently has more than 1,300 stores in the region.

2 months ago | bloomberg.com | Daniela Sirtori |Daniela Wei |Joumanna Bercetche

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