Tariff Policies

The market faced pressure due to regional bank concerns tied to loan quality highlighted by JPMorgan CEO’s comments. Zions and Western Alliance saw sharp declines. U.S.-China trade tensions and Bolton’s indictment added to uncertainty. Tariffs are projected to cost businesses $1.2 trillion. Apple is reportedly pursuing Formula 1 streaming rights. EssilorLuxottica credits Meta’s smart glasses for revenue growth, while Oracle benefited from a cloud deal with Meta.

The U.S. adjusted small parcel duty rules, imposing a 54% tariff on Chinese shipments under $800 while retaining $100 duty exemptions, following initial proposed 120% supertariffs. Platforms like Temu and Shein rapidly adapted fulfillment strategies—phasing out full-management models, expanding semi-management frameworks, and deploying Y2 direct-ship systems—to mitigate compliance challenges. Merchants grapple with eroded margins and logistical pressures amid policy volatility, yet industry analysts suggest evolving trade dynamics may drive supply chain innovation, separating resilient operators from those relying on regulatory loopholes as cross-border e-commerce enters a new competitive phase.