Month: April 2025

The White House has announced that the US will impose an ‘additional 50 per cent tariffs’ on imports from China, taking the new US tariff on the nation to 104 per cent. The new structure, effective from today, followed President...

Retail sales in discretionary categories rose 1.8 per cent in March but failed to offset a 2.2 per cent drop in 2024, says BDO. In-store sales rose just 0.3 per cent, below inflation. Lifestyle and homewares saw declines. BDO’s...

South Korea’s apparel imports fell by 4.04 per cent to $1.944 billion in January–February 2025, driven by a drop in non-knitted apparel. February saw a slight year-on-year rise, though imports declined month-on-month. Exports of...