GoodsFox Daily News (July 9, 2025): Tariff Deadline Extended to August, Supply Chains in Flux Trump Extends Tariff Deadline to August, Businesses Rush to Adjust Supply Chains Rakuten Acquires B2BTrade for $500M, Accelerates Expansion in Asia's E-Commerce Market Porsche's China Market Drops 28%, But Electric Vehicles See Rapid Growth Temu Surpasses eBay to Become the 3rd Largest E-Commerce Platform in the U.S. Lazada and Daraz Integrate 8-Country Markets, Launch "One-Click Sync" Feature Trump Extends Tariff Deadline to August, Businesses Rush to Adjust Supply Chains On July 7, President Trump signed an executive order. The tariff suspension deadline was extended from July 9 to August 1. He also imposed tariffs on 14 countries, including Japan and South Korea. The […]
GoodsFox Daily News (July 8, 2025): TikTok Shop Launches US Mid-Year Sale, Spotlighting Haircare & Pet Products TikTok U.S. Mid-Year Sale Kicks Off: Haircare & Pet Products in the Spotlight Lululemon Opens First Airport Store at London Heathrow Trump Announces Tariffs Up to 70% Effective August 1 Volvo Cuts 15% of White-Collar Workforce in China Amid Global Restructuring 4-Second TikTok Video Fuels \$1.24M in Weight Loss Patch Sales TikTok U.S. Mid-Year Sale Kicks Off: Haircare & Pet Products in the Spotlight Despite mounting pressure from the U.S. government to sell off its operations, TikTok Shop U.S. continues to show strong momentum. In June, seasonal products like static removal gloves defied the odds, hitting nearly 10,000 orders in two […]
2025.4.10 GoodsFox Daily E-commerce News: US Raises Tariffs on Chinese Goods to 125%, 75 Nations Get 90-Day Reprieve U.S. Sneaker Prices Could Soar 50% Amid Tariff Surge China Retaliates with 84% Tariffs on U.S. Imports US Raises Tariffs on Chinese Goods to 125%, 75 Nations Get 90-Day Reprieve SHEIN Doubles Down on China-Based Supply Chain Amazon Haul Shifts to U.S. Domestic Inventory Amid Tariff Pressures 1. U.S. Sneaker Prices Could Soar 50% Amid Tariff Surge Footwear Distributors and Retailers Association (FDRA) CEO Matt Priest warned of drastic price hikes under the new tariffs. A $150 sneaker could jump to $230 (+53%), while domestically produced alternatives might cost $300–$400—tripling prices for consumers . Priest attributed the surge to "punitive tariffs" […]