What is the big deal with “TRUMP TARIFFS”?

First, breaking down the basics:   So what are tariffs? Tariffs are a tax on imports. They’re usually charged as a percentage of the transaction price that a buyer pays a foreign seller. In the United States, tariffs — also called duties or levies — are collected by Customs and Border Protection agents at 328 ports of entry across the country. The proceeds go to the Treasury.  Sometimes, the U.S. will impose additional duties on foreign imports that it determines are being sold at unfairly low prices or are being supported by foreign government subsidies. – CBS News   Example of tariffs made simple: (ignoring real-world minimum amounts subject to tariffs).  Let’s say the U.S. imposed tariffs of 10% on parachutes from China. If an American retailer wanted to buy 100 parachutes from China for $5 apiece (a pre-tariff total…

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Is Instagram becoming the next mall?

Instagram is now allowing influencers and creators to sell things directly to their audience through tagged posts. Previously, only brands were able to have shoppable posts on Instagram. Now, they’re allowing influencers and creators to start doing the same. Influencer marketing has a profound impact on social commerce, especially on Instagram where 34% of daily users ages 13 and older have already purchased products based on a recommendation from an influencer or blogger, according to December 2018 data from CivicScience.  So with Instagram’s new feature, followers will now be able be able to buy products recommended by their beloved influencer. This in turn creates a cycle of cash flow. Brands pay influencers to post on their behalf, followers buy the product off the influencer’s post, and then Instagram takes a cut of every sale made through its platform. Win, Win,…

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It is predicted that 80-90% of global trade is reliant on trade and supply chain finance.

Cashflow is the life blood of a business. Trade Finance supplements the cashflow of brands and manufacturing companies – mismanagement can lead to certain failure and bankruptcy. Some facts about Trade Finance: Trade financing (also known as supply chain and export finance) is a huge driver of economic development and helps maintain the flow of credit in supply chains. “It is predicted that 80-90% of global trade is reliant on trade and supply chain finance.” – Trade Finance Global Trade finance is worth over $3 trillion annually- Trade Finance Global Essentially the transaction goes through a bank or similar financial institution so the exporter receives payment upon shipment and importer pays once they receive the goods through a line of credit. The exporter doesn’t have to worry about a default in payment by the importer and the importer is made…

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