Amazon has broadened its budget shopping platform, Amazon Bazaar—known as Haul in the U.S.—to 14 additional international markets, intensifying competition with Chinese e-commerce giants Shein and Temu. The expansion marks Amazon’s latest effort to capture the growing demand for ultra-low-cost goods worldwide, including items such as $10 dresses and $5 accessories. Initially launched in Mexico...
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Trump and Xi Expected to Meet in South Korea Amid U.S.-China Trade Tensions
U.S. President Donald Trump is still scheduled to meet Chinese President Xi Jinping in South Korea later this October, according to U.S. Treasury Secretary Scott Bessent. The announcement comes as Washington and Beijing attempt to cool tensions following a new wave of trade disputes and tariff threats. The latest friction began when China announced plans...