2025.7.3 GoodsFox Daily News: Fed Rate Cut Signals Strengthen as Trump Threatens New Tariffs
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Goldman Sachs: Fed Rate Cut Expected to Come Sooner, Three Cuts Predicted in 2025
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AliExpress Hits 9 Million Users in South Korea, Launches Travel Services
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Trump’s Renewed Tariff Threats, EU's Possible Response
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Alibaba Cloud Expands with Global AI Centers, New Data Centers in Malaysia and the Philippines
1. Goldman Sachs: Fed Rate Cut Expected to Come Sooner, Three Cuts Predicted in 2025
Goldman Sachs recently revised its prediction, now expecting the Federal Reserve to cut interest rates in September 2025, rather than December. This shift is driven by persistent inflationary pressure from tariffs on the U.S. economy. Goldman analysts suggest that slower economic growth and rising global uncertainties will push the Fed to ease its monetary policy earlier. As a result, the U.S. dollar is likely to face additional pressure in the coming months.
2. AliExpress Hits 9 Million Users in South Korea, Launches Travel Services
AliExpress has announced that its user base in South Korea has surpassed 9 million, making it one of the largest single markets in Asia for the platform. Additionally, AliExpress has launched travel services tailored to South Korean consumers, allowing them to enjoy a seamless cross-border shopping experience combined with travel bookings. The company expects this initiative to further increase its market share in South Korea.
3. Trump’s Renewed Tariff Threats, EU's Possible Response
President Trump recently reiterated his plan to impose new tariffs on goods from EU countries, with the new tax policies expected to take effect by the end of 2025. This move could escalate trade tensions between the U.S. and Europe, directly affecting cross-border e-commerce platforms. Analysts suggest that some e-commerce platforms may consider adjusting their supply chains and seeking new suppliers to cope with potential tariff increases.
4. Alibaba Cloud Expands with Global AI Centers, New Data Centers in Malaysia and the Philippines
Alibaba Cloud has announced the establishment of new data centers in Malaysia and the Philippines to meet the growing demand for cloud computing services in Asia. This expansion strategy aims to enhance Alibaba Cloud's competitiveness in the Southeast Asian market. According to official sources, Alibaba Cloud plans to build additional AI capability centers globally over the next five years to support its global business expansion.
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