Front-loading flurry leads to a record month at US west coast port
June was a record month for one major US west coast port as the ‘tariff ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
US consumers may find there is less choice come Christmas, after Amazon cancelled some orders from China scheduled for Q4.
As the US imposes tariffs of 125% on Chinese goods, Amazon has reportedly cancelled orders for items including scooters, beach chairs, and air conditioners, reports Gurufocus.
Bloomberg, meanwhile, says Amazon is eyeing a $15bn investment in a US warehouse network, which would help it avoid tariffs.
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