Yiwu Global Digital Trade Center has officially opened on October 14, marking a defining moment for the city’s shift from traditional trade to digital commerce. As part of Yiwu’s sixth-generation market, this launch completes a significant upgrade and establishes a fresh benchmark for worldwide digital trade.

Cape Winelands Airport in Cape Town, South Africa, is on course to become a second international hub for the Western Cape. With this major development, officials anticipate enhanced tourism, thriving international trade connections, and increased global visibility for the region.

President Donald Trump’s use of tariffs as an economic tool once drew mixed reactions from opponents and supporters alike. Now, voices within his own Republican Party have begun questioning whether these policies best serve American interests, signaling a potential shift in the political conversation.

A federal appeals court has declared the vast majority of Donald Trump’s tariffs illegal, citing improper use of emergency powers. The ruling is on hold until October 14, setting up a likely showdown at the Supreme Court that could reshape the balance of power over U.S. trade policy.

The Trump administration has ended the exemption for items under $800, making most low-cost imports subject to tariffs. The sudden change has left international delivery services and businesses scrambling, leading to confusion and paused shipments that may affect consumers in the coming weeks.

Nike’s shares soared after announcing a shift in production away from China, but the company faces a $1 billion cost due to tariffs imposed by the Trump administration.