LBMA Says It’s Seeking Clarification on Recent US Customs Ruling

The U.S. and other wealthy nations have long given preferential trade terms to poorer countries to help their economies grow. But under Donald Trump's presidency, that approach shifted dramatically, with the U.S. taking a tougher stance in trade talks—leaving smaller, less powerful nations at a disadvantage.

Editor’s Note: This story highlights how changes in U.S. trade policy under Trump disrupted long-standing economic support for developing countries. For nations that relied on these trade benefits, the shift could mean slower growth, fewer jobs, and greater economic instability—showing how global power dynamics play out in real-world consequences.

Former President Donald Trump publicly criticized Intel's CEO, Pat Gelsinger, which could worsen the company's existing challenges in building new semiconductor factories. The attack adds political pressure to an already complex situation for Intel as it tries to expand U.S. chip manufacturing.

Editor’s Note: This story matters because Intel is a key player in the push to boost domestic chip production—a critical issue for national security and tech independence. Trump's criticism could create more hurdles for the company, potentially slowing down progress in an industry that affects everything from smartphones to military tech. It’s a reminder of how political tensions can spill over into business decisions with real-world consequences.

China's consumer prices showed no change in July compared to the same time last year, while factory-gate prices (what producers charge for goods) dropped more than expected. This suggests weak demand in the economy, as consumers aren't spending enough to push prices up, and factories are cutting prices due to oversupply or sluggish orders.

Editor’s Note: This isn't great news for China's economic recovery. Flat consumer prices mean people aren't buying much, and falling factory prices hint at deeper struggles in manufacturing. If this keeps up, it could signal slower growth or even deflation risks—something policymakers will likely try to address soon.

Amazon is offering a sweet deal on Adidas slides, slashing the price from $28 to just $15. Customers are raving about how comfortable and long-lasting these slides are, making them a steal at this discounted price.

Editor’s Note: Everyone loves a good bargain, especially when it’s on a trusted brand like Adidas. This deal is perfect for shoppers looking for affordable, quality footwear—just in time for summer. It’s also a reminder of how major retailers like Amazon can drive excitement (and sales) with limited-time discounts.

China's consumer inflation remained stable in July, showing no change as the government's efforts to curb aggressive price competition helped ease deflationary pressures.

Editor’s Note: This story matters because stable inflation suggests China’s economy might be finding some balance after concerns about deflation. The government’s crackdown on price wars appears to be having an effect, which could influence everything from business strategies to consumer spending habits. If this trend continues, it could signal a healthier economic environment—but experts will be watching closely to see if it holds.