This week’s News Cart tackles tariffs, Tumblr and terminated shipping contracts.
Trump slapped China with another 10 percent tariff on $300 billion worth of imports, but it won’t go into effect on some items until mid-December. Merry Christmas, everyone!
FedEx and Amazon keep their domestic breakup amicable, but there’s one last box of belongings to retrieve—and it won’t arrive via ground delivery.
Plus, WordPress.com owner Automattic scooped up Tumblr, reportedly at a fire-sale price.
Check out these stories and more in the ECF News Cart for Aug. 14. You can also listen to this week’s roundup on the podcast via iTunes, Stitcher or the ECF Blog.
President says a 10% tariff on $300 billion worth of Chinese goods will go into effect Dec. 15 instead of Sept. 1 for cell phones, laptops, gaming consoles and other items
He claimed China broke its promise to buy more from American farmers, but he delayed the tariff “just in case” it would impact Christmas sales
White House had already imposed a 25% tariff on $250 billion worth of Chinese imports
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