You won’t be able to order Whole Foods groceries on Instacart soon.
View More Instacart and Amazon-owned Whole Foods are parting waysCategory: trade
Walmart partners with Rakuten to open its first e-commerce store in Japan
Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The companies first announced a collaboration in January when they agreed to team up on the launch of an online grocery service in Japan […]
View More Walmart partners with Rakuten to open its first e-commerce store in JapanTaskRabbit kicks off Canadian expansion
TaskRabbit is kicking off its Canadian expansion in the greater Toronto area before rolling out in Vancouver in October and Montreal sometime in 2019.
View More TaskRabbit kicks off Canadian expansionDonald Trump exempts Apple products from tariffs on Chinese imports
Well well well, looks like Tim Cook’s glad-handing has paid off.
The Trump administration has now imposed a 10 percent import tariff on a total of more than $500 billion of goods made in China, set to increase to 25 percent in 2019. The tariffs will …
Instacart links up with Walmart Canada to expand its same-day delivery service
Instacart has teamed up with Walmart Canada to bring shoppers in Toronto and Winnipeg same-day grocery delivery. The agreement is part of a pilot program for the two companies that will allow Instacart users to order groceries from 17 different Walmart locations across the two cities. This is the first time shoppers in Winnipeg will […]
View More Instacart links up with Walmart Canada to expand its same-day delivery serviceTrump wants to just tariff the hell out of China
Another day, another whopper of a tariff. The Trump administration has been busy finalizing the rulemaking process to put 25% tariffs on $200 billion of Chinese goods, which will almost certainly affect the prices of many critical technology components and have on-going repercussions for Silicon Valley supply chains. That followed the implementation of tariffs on […]
View More Trump wants to just tariff the hell out of ChinaUS will block Chinese firms from acquiring American tech companies
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Trump really wants to sabotage China’s plans to become a high-tech power house.
The U.S. Treasury Department will block firms with 25 percent or more Chinese ownership from acquiring U.S. companies with “industrially significant technology,” a government official told Reuters.
The new policy is the U.S.’ latest economic aggression toward China, following military restrictions on contracts with Chinese technology companies. Additionally, President Trump’s tariffs on $34 billion of Chinese goods will go into effect on July 6. The tariffs mostly target technology and manufacturing products.
SEE ALSO: Sorry, Apple and Samsung — the best smartphone innovation is happening in China right now Read more…
More about China, Trump, Trade, Tech, and Cybersecurity
View More US will block Chinese firms from acquiring American tech companiesTrump told Apple CEO Tim Cook that the U.S. would not levy tariffs on iPhones
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There’s a big question mark over how President Trump’s trade war with China will impact iPhone lovers. And things just got even murkier.
President Trump continued to escalate his trade war with China on Monday when he threatened to levy tariffs on an additional $200 million worth of Chinese goods — which in turn prompted retaliatory threats from China. That should have Apple very worried, considering that iPhones depend on importing and exporting in both directions.
But apparently, President Trump recently reassured Apple CEO Tim Cook and told him not to worry. An anonymous source told the New York Times that Trump told Cook that the tariffs would not apply to iPhones. Phew! Read more…
More about Apple, China, Tim Cook, Trump, and Trade
Senate outright rejects Trump’s trade deal to save ZTE
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After the Trump administration reached a trade agreement with ZTE barely a week ago, the US-ZTE drama seemed done and over with. But now, thanks to a new provision from Congress, it’s poised to become even messier.
On Monday evening, the Senate put the kibosh on Trump’s deal to throw the Chinese telecommunications company ZTE a lifeline. A bipartisan provision added to the National Defense Authorization Act (NDAA) says that all penalties imposed on ZTE must stay in place, despite any executive action. The NDAA passed 85-10.
More about China, Congress, Huawei, Trump, and Trade
Welp, the U.S. is already ending its ZTE sanctions. Here’s how it happened
Well folks, it’s been one weird ride.
Commerce Secretary Wilbur Ross announced Thursday that the U.S. is ending the sanctions it imposed on Chinese handset maker ZTE only two months ago.
The U.Simposed the sanctions in the first place because Z…
What do Trump and Apple want from each other, anyway?
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President Donald Trump and Apple CEO Tim Cook are set to meet on Wednesday afternoon. And though the temperamentally and politically opposed men are in no way amicable, it’s easy to imagine either party initiating the tête-à-tête.
That’s because, when it comes to trade, taxes, and China, a lot is on the line for the both parties.
Looking forward to my meeting with Tim Cook of Apple. We will be talking about many things, including how the U.S. has been treated unfairly for many years, by many countries, on trade.
— Donald J. Trump (@realDonaldTrump) April 25, 2018
With Trump’s reference to trade in a recent tweet about the meeting, and with a brewing trade war with China, it seems as though Cook and Trump will most likely discuss Apple’s position as a company with interests in both the U.S. and China — and why it wants to keep trade flowing. Read more…
More about Apple, China, Donald Trump, Tim Cook, and Trade
View More What do Trump and Apple want from each other, anyway?This robot can build your Ikea furniture
There are two kinds of people in the world: those who hate building Ikea furniture and madmen. Now, thanks to Ikeabot, the madmen can be replaced. Ikeabot is a project built at Control Robotics Intelligence (CRI) group at NTU in Singapore. The team began by teaching robots to insert pins and manipulate Ikea parts and […]
View More This robot can build your Ikea furniture