The apparel and e-commerce company, which is expanding its sports apparel business, is leasing 70,000 square feet of warehouse and office space in the Texas town.
A federal trade court ruled Thursday that President Trump can block cheap imports — including from Chinese retailers like Temu and Shein — from entering the U.S. tariff-free . Why it matters: It's a win for the Trump administration's trade agenda after a major legal setback forced officials to find new legal avenues for imposing sweeping tariffs. - The Court of International Trade ruling means that Trump's suspension of the so-called de minimis exemption, which allowed packages worth $800 or less to enter the U.S. tariff-free, can continue. What they're saying: Trump took a victory lap on social media shortly after the ruling. - "For years, Foreign Shippers could send packages worth up to $800 into our Country, DUTY FREE, NO…
A federal trade court ruled Thursday that President Trump can block cheap imports — including from Chinese retailers like Temu and Shein — from entering the U.S. tariff-free . Why it matters: It's a win for the Trump administration's trade agenda after a major legal setback forced officials to find new legal avenues for imposing sweeping tariffs. - The Court of International Trade ruling means that Trump's suspension of the so-called de minimis exemption, which allowed packages worth $800 or less to enter the U.S. tariff-free, can continue. What they're saying: Trump took a victory lap on social media shortly after the ruling. - "For years, Foreign Shippers could send packages worth up to $800 into our Country, DUTY FREE, NO…Open
Ukrainian drones have increasingly targeted warehouses belonging to Wildberries, which many Russians rely on as the country’s largest e-commerce business.
The suits were filed Friday: One by Learning Resources, an educational toy company, and the other by New York-based spice retailer Burlap & Barrel and California watch seller Collective Horology.
The European Commission has imposed its largest-ever fine under the Digital Services Act, citing AliExpress for inadequate measures to prevent the sale of dangerous and counterfeit goods.
PULSE POINTS WHAT HAPPENED: The European Commission fined AliExpress 550 million euros ($629 million) for failing to adequately tackle the sale of unsafe and counterfeit products on its platform. This penalty is the largest issued under the EU’s Digital Services Act (DSA) to date. DETAIL: European Commission Executive Vice-President Henna Virkkunen said the spread of counterfeit clothing, unsafe toys, dangerous cosmetics, and other illegal products reflected AliExpress’s failure to meet its obligations under the DSA, adding that the company must better identify and mitigate systemic risks regardless of its size. AliExpress claims it remains committed to complying with the DSA and has invested heavily in product safety, risk…Open