LMSINT MEDIA reports that the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has raised a serious red flag about the ongoing tariff standoff between the United States and China. According to her, the intensifying trade war could potentially reduce goods trade between the two nations by up to 80%, dealing a critical […]
In a decisive move to tighten trade regulations, former U.S. President Donald Trump signed an executive order effectively closing the “de minimis” loophole, which previously allowed low-value shipments from China and Hong Kong to enter the U.S. without duties. The order, which takes effect on May 2 at 12:01 a.m. Eastern Time, was announced during […]
