News Roundup: Tariff Ruling; Online Shopping Hits Roadblock

According to the Federal Appeal Court decision issued on Friday, many heads of President Donald Trump are illegal.

However, tariffs to the Trump administration will remain in place by the middle of time to appeal the Trump administration to the Supreme Court.

Trump requested emergency powers to impose many of his global prices. The Friday decision retained the search for the lower court issued in May, that Trump exceeded his authority to do so.

The White House immediately condemned the decision, and US Attorney General Palm Bondi expressed his commitment in a social media post that the Justice Department would appeal the decision.

• July inflation number As is measured by personal consumption costs (PCE) index Anti -high. PCE Price Index is an important move that is viewed by Fed When it considers interest rates.

• Stock market Target high record heights during the week – but after the PCE number was released, there was some uproar on Friday.

• Gross domestic products (GDP) Q1 was strong in Q2 (below it).

• Changes in policy Direct order imports are disrupting the rise business. Read

If you want to hunt online, it may be time to brush your Latin.

Today is the end of the end of (this Friday, August 29) De minemius discount*, A policy that allowed small trading packages below the set dollars to be sent to the United States without paying customs duty or fees.

This policy has been going on since 1938 (when the bar was set at $ 1) and it was a relatively small part of the economy – by 2016, when the 1990s were increased to $ 200 to $ 800. This helped give rise to the rise of e -commerce platforms like Shen and Timo, which specializes in importing the direct order of cheap fast fashion, toys and electronics from China.

Add a pandemic diseases to this compound and we saw the explosion of small package imports in the United States, which increased from 220 million de minemis packages in 2016 to 1.36 billion in 2024, eventually targeting 4 million packages a day. Take a look at the dollar value of de -minius imports in the United States since 2012.

China and Hong Kong ended on May 2 – forcing companies that made their business model around to exempt their business model. For example, Timo formally eliminated the US direct shipment in May, and is building warehouses in the United States as well as Shen, which means that companies are now bulking for warehouses, to pay applicable taxes and, perhaps. , At least some of this cost are transferring to consumers.

“At his peak, both of these platforms were sending about 600 600,000 packages daily to American users,” said Sean Henry, a CEO and co -founder of the Atlanta -based supply chain, in an email interview. “When the average delivery time increased from 7-10 days to 14-21 days due to customs barriers, and consumers started experiencing ‘sticker shock’ with new duty charges, they had no choice but to adjust.”

Stord operates warehouses in the United States and manages the order completion for several online retailers.

Now that the discounts for all incoming packages have gone away, changes are spreading in every corner of the e -commerce environmental system. “Beyond the Chinese platform, many companies historically have historically sent market salesmen, fast fashion exporters, and even US brands that ship abroad and ship directly from abroad warehouses,” Henry said.

According to Henry, all these are quickly adjusting their business models in response to a change in policy: “Overall, companies who have created their entire model on cheap international shipping have to focus on quality, customer service, and more than just other sects.”

What does all this mean for buyers? “In the short term, buyers should expect significant changes,” Henry said.

“An item of free shipping from overseas will now come up with import duty and customs fees that can double the price. Find new line items like ‘Import Duty’ or ‘Custom Face’ in the checkout. We already have 40 % of online buyers to leave their cars as a day. Express carriers, express carriers, express carriers, express carriers, express carriers, express carriers, express carriers, express carriers, express carriers are also $ 50.

“In the long run,” buyers should expect less ultra -cheap options, Henry said. “The old system created artificial price competition, which often comes at the cost of quality and workers’ conditions.”

So, is the direct import model ended after its short day?

“The individual direct import model of the parcel is basically dead, yes,” Henry said. “We are offering 75 % fall in small parcel volume, which is less than 200 to 300 million annually from 800-900 million packages annually. Easily from China, the period of 5 phone cases is expired directly at your doorstep.”

But hey, it was fun when it continued. And something new is growing in its place. Henry said, “E -commerce is not dead across the border.” It is being rebuilt from the ground. “

In April, when the first quarter economic growth report came out, the photo was serious: Gross domestic products (GDP) Demonstrate 0.5 % from January to March – the first economic contraction since early 2022.

After the recession concerns, the Domer’s predictions came after that. However, in the two straight circles of shrinking the GDP, it is how economists explain the recession. But by July 30, the second quarter data was released and Outlook was bright: GDP increased by 3 %. And on Thursday, other GDP estimates showed that GDP increased by 3.3 % – which reviews 0.3 % points above the first estimate.

But the topline data doesn’t tell the whole story. The first quarter contraction was mainly due to the increase in imports (which delete GDP) and weakened business investment. In Q2, business imports decrease, while consumers spend a lot of health care, food, travel and cars. Both behavior shifts were affected by the increasing risk of revenue.

During the first half of the year, President Donald Trump’s prices have not yet existed. This means that the first half of the year can reduce the effects of growth data policies. The third quarter GDP report can provide a clear picture of how revenue is affecting economic growth.

The dynamic hit marked some milestones, which became the most mainstream movie on Netflix and is dominating the box office at the weekend, with only two days running with the song. The film also dominated the Virtual Watercollar Talk in Nairrd Walt this week. A fully non -scientific survey found that 62 % of the Nord Walt who replied, “KPOP Demon Hunters” is now certainly a “thing” in their families.

And for those who said yes, it’s a ThingHow often have been seen?

Our senior economist, here is Elizabeth tenantWill be tracking next week:

Friday, September 4:
Job situation (“Jobs Report”), Bureau of Workers’ Statistics – After the previous month (July data) Revision (And then the BLS Shake Up), all eyes will be on this report. I will not only focus on the total job changes in the topline, but also the Battle Index – a person who tells us whether there are more industries to add or lose jobs in a particular period.

See Elizabeth’s full weekly look Here.