In a significant development amid ongoing trade tensions, former President Donald Trump has delayed the suspension of duty-free treatment for low-cost parcels from China. The move comes as both countries seek to navigate complex trade dynamics, impacting businesses and consumers alike.
Tag: E-commerce
Costco Reports Strong Quarterly Earnings, Driven by Surge in E-commerce Sales
Costco Wholesale Corporation has announced its quarterly earnings, revealing a significant increase in profits driven by a substantial jump in e-commerce sales. The company’s net sales rose to $43.6 billion, up from $40.4 billion in the same period last year. E-commerce sales, in particular, saw a remarkable growth of 31.4% compared to the previous year.