Temu is adding “import charges” of around 145% in response to President Donald Trump’s tariffs on goods shipped from China, CNBC reports. The fees cost more than the products that U.S. consumers are buying, and in some cases are more than doubling the price of a standard order. For example, CNBC found that a summer […]
Software Development in Sri Lanka
Individuals, industry groups, and local governments submitted over 10,000 comments to the White House about its work-in-progress national AI policy, also known as the AI Action Plan. The White House Office of Science and Technology Policy (OSTP) on Thursday published the text of the submissions in a PDF spanning 18,480 pages. The comments, which touch […]
Software Development in Sri Lanka
The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the U.S. App Store. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually works. The clothing, […]
Software Development in Sri Lanka
The tech industry may not be safe from new tariffs, according to U.S. Commerce Secretary Howard Lutnick. The Trump administration announced Friday evening that consumer electronics such as laptops and smartphones would be exempt from the tariffs it unveiled earlier this month. (While Trump delayed many of those tariffs this week, he left a 10% […]
Software Development in Sri Lanka
The Trump administration is carving out big tariff exemptions for the tech industry. While President Donald Trump said Wednesday that he would delay many of the market-shaking tariffs that he’d announced the previous week, he kept a universal baseline 10% tariff in place, while also increasing tariffs on Chinese goods to 125% (on top of […]
Software Development in Sri Lanka
Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries — setting the rate at 10% for now — China’s was raised to 145%, which includes the previous 20% levy. In the letter, […]
Software Development in Sri Lanka
Nintendo announced on Friday that it will open Switch 2 pre-orders in the U.S. on April 24, following a delay due to the Trump administration’s hefty tariffs. Fans feared the long-awaited console would spike in price due to Trump’s export rules on international goods, but Nintendo confirmed the Switch 2 will still cost $449.99 and […]
Software Development in Sri Lanka
The Chinese e-commerce marketplace app DHgate, which is now the No. 2 free iPhone app in the U.S., isn’t the only one that’s oddly benefiting from President Trump’s tariffs on U.S. imports from China. Another Chinese shopping app, Taobao, has now also entered the Top 5 as of Thursday. U.S. consumers began flocking to these […]
Software Development in Sri Lanka
Temu and Shein plan to raise prices for U.S. customers starting next week on April 25th, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on products made in China, along with Trump’s decision to end a customs exemption that had allowed goods under $800 to […]
Software Development in Sri Lanka
Nintendo of America president Doug Bowser said that the company did not factor in possible tariffs from the U.S. when deciding on the pricing for its Nintendo Switch 2 console, according to Wired. Nintendo unveiled its highly anticipated Switch 2 last week and announced that the console would be released on June 5, priced at […]
Software Development in Sri Lanka
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
