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Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
Read full article: Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewilderedPresident Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China.
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Amazon’s mission: Getting a ‘key’ to your apartment building
Read full article: Amazon’s mission: Getting a ‘key’ to your apartment buildingAmazon is pushing landlords around the country to give its drivers the ability to unlock apartment building front doors whenever they need to leave packages in the lobby instead of the street.
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Retailers urge shoppers to buy early amid shipping crunch
Read full article: Retailers urge shoppers to buy early amid shipping crunchMeanwhile, behemoths like Walmart, Target and Best Buy haven’t had to make big changes because they’ve already transformed their stores into shipping hubs for online orders. Retailers’ shipping networks were already strained when shoppers dramatically shifted their spending online during the early part of the pandemic — a savior for many who were afraid of going out. Goldberg says the shipping problem is so acute that even Amazon, which has its own shipping network, could run out of capacity, sending shoppers to places like eBay. Amazon hasn’t released a holiday shipping deadline yet, but said in a statement that it will be delivering packages up until Christmas Eve. Carriers have been slapping surcharges and putting limits on how many packages retailers can ship each day.