Temu, Shein Slash Massive US Ad Spend, Threaten Higher Prices Over Tariffs | ZeroHedge

Two of China’s fastest-growing e-commerce players are dialing back their U.S. expansion strategies as tariffs and trade restrictions reshape the competitive landscape.

Temu and Shein, whose ultra-low prices and aggressive digital marketing campaigns have challenged industry incumbents like Amazon, have significantly cut U.S. advertising spending and notified customers of upcoming price increases – amid mounting pressure from President Donald Trump’s recent tariff hikes on (more…)

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Powell’s Chicago Speech Shows He’s Guessing Again… | ZeroHedge

Submitted by “Hyper Pi”,

Yesterday at the Economic Club of Chicago, Jerome Powell doubled down on his tariff-pocalypse fetish, warning that Trump’s trade levies could spark “higher inflation and slower growth.” 

Sound familiar? 

In 2021, he called 9.1% inflation “transitory” while M2 money supply exploded 42%. 

That delusion triggered a market rout and crushed Main Street. 

Now, Powell’s playing Nostradamus again, fixating on hypothetical tariff shocks (more…)

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Human Trafficking Too? Biden Admin Flagged Deported El Salvadoran As ‘Suspect Alien’ | ZeroHedge

As Democrats work themselves into hysterics over Kilmar Abrego Garcia, a now-deported El Salvadoran man (aka, 'Maryland Man') at the center of an intense court battle, several new details about 'St. Abrego' have surfaced in the last several daysmost recently that the Biden administration flagged him as a 'suspect alien' who was potentially involved in "human smuggling/trafficking" following a traffic stop hundreds of miles away from his (more…)

Continue ReadingHuman Trafficking Too? Biden Admin Flagged Deported El Salvadoran As ‘Suspect Alien’ | ZeroHedge