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US-China deal to slash tariffs also eases burden on cheap packages

Quotes

    • 88:88
      Anand Kumar
      In the short term, [Temu and Shein] are definitely going to increase their shipment volume to the U.S.,
      CNBC
      said Anand Kumar, associate director of research at Coresight Research, adding
    • 88:88
      [The ... The] 30% is still high, but compared to 125%, 30% is basically nothing,
      CNBC
      he added
    • 88:88
      Retailers might price high-demand, frequently-purchased products more competitively” to maintain customer perceptions
      CNN
      Chernev said
    • 88:88
      Given today’s news on tariffs, Pixicade will not see a price increase,
      CNN
      Rad said
    • 88:88
      How much can a consumer bear before it’s priced out of the market? I can’t just take an item that is $29.99 and make it $50 and expect people to buy it,
      CNN
      said Steve Rad, the CEO of interactive toy and game company Abacus Brands
    • 88:88
      Companies should talk about how pricing helps to balance supply and demand, achieve profitability and reflect value,
      CNN
      said David Garfield, the co-CEO of consulting firm AlixPartners
    • 88:88
      You might see a disproportionate pricing impact on items based on demand,
      CNN
      said Alexander Chernev, a professor of marketing at Northwestern University who studies consumer behavior and brands’ strategies
    • 88:88
      While we’ve made every effort behind the scenes to absorb as much of the cost as possible, some price increases are unfortunately unavoidable,
      CNN
      UPPAbaby said on its website last month
    • 88:88
      If you raise prices too much demand goes down and you lose market share,
      CNN
      said Z. John Zhang, a professor of marketing at the University of Pennsylvania who researches pricing strategies
    • 88:88
      Allan Donald
      Our business teams are continuously assessing the evolving trade policies and diligently evaluating their impacts on our global supply chain and our business,
      CNN
      CEO Donald Allan said
    • 88:88
      These are carefully crafted equations,
      CNN
      she said
    • 88:88
      Our import strategy is now squarely focused on proven winners,
      CNN
      he said
    • 88:88
      Temu has been featuring products already in US warehouses,
      ABP Live
      according to a Reuters report, indicating a major shift from its earlier logistics strategy
    • 88:88
      Uncertainty over what happens after the 90-day pause will keep many companies in wait-and-see mode, delaying investment decisions until a more durable truce emerges.”
      Guardian
      Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, said
    • 88:88
      They’ve agreed to open up China,
      Guardian
      the US president claimed at a press conference at the White House on Monday, after ratcheting up tariffs on China’s exports