
The move appears to be a political gambit by Donald Trump to use tariffs as a bargaining chip with China. BEIJING – United States President-elect Donald Trump appeared to fire his first salvo on China on Nov 26, saying that he will impose an additional 10 per cent tariff on imported Chinese goods on his first day in office. It appears to be a political gambit to use tariffs as a bargaining chip, with Trump adding that the hike is related to China not doing enough to stem the flow of drugs – specifically fentanyl – to the US. Mr Stephen Olson, a visiting fellow at the ISEAS – Yusof Ishak Institute in Singapore, said Trump prides himself on being unpredictable, so it is difficult to be certain of his strategy. “But this is very likely an opening salvo,” he noted, adding that Trump’s goal through such tariff actions could be to cut some kind of trade deal that could also include Chinese commitments on other issues, such as drug control. Observers, including Chinese scholars, had warned about the likelihood of Trump using tariffs in such a transactional way. During Trump’s first presidency between 2017 and 2021, such tit-for-tat moves were made on goods such as Chinese solar panels and steel, and American soya beans and aeroplanes. In the meantime – especially with US President Joe Biden deciding not to lift these import taxes – Chinese sellers have been diversifying their export destinations, and 10 per cent could be a margin that they could still absorb. But the greater fear is that this is merely the beginning of a series of escalating actions that would lead to yet another economic confrontation. The first trade war resulted in tariffs on some US$550 billion (S$728 billion) of Chinese goods and US$185 billion of US goods. It ended with a trade deal in 2020, but a Chinese pledge to buy an additional US$200 billion worth of US exports never materialised. In a Truth Social post on Nov 26, Trump said he had “many talks” with China about fentanyl being sent to the US, but to no avail. Abuse of the prescription drug used to treat severe pain has caused thousands of deaths in the US each year. The US government has said that most illegal fentanyl is trafficked from Mexico using chemicals from China. In response, a Chinese Foreign Ministry spokesman maintained that China has one of the world’s strictest anti-drug policies, and has engaged in “extensive” cooperation with the US on this issue. The Chinese embassy in Washington said: “Nobody wins in a tariff or trade war.” During his election campaign, Trump pledged a blanket 60 per cent additional tariff on Chinese goods. It is unclear how he derived the figure, but observers have noted that the figure would be roughly consistent with the average tariff level if the US had revoked China’s most favoured nation status. China was granted this status in 2000 as it prepared for entry into the World Trade Organisation, allowing it to benefit from the same trade terms as US allies. Only four countries currently do not enjoy such a status with the US: Russia, Belarus, North Korea and Cuba. The US-China Economic and Security Review Commission in its annual report released last week recommended that China’s status be revoked – the first time the US bipartisan advisory body has explicitly called for such a move. Mr Olson, who studies international trade, said that revocation – if it comes to that – would “send a very strong signal that the US has concluded that deep economic integration with China was a mistake that now needs to be corrected”. The National University of Singapore’s Associate Professor Chong Ja Ian, who specialises in Chinese foreign policy, cautioned that nothing is yet definite as Trump does not take office until January. Other possible motivations for the latest move? “Perhaps it is to see how the PRC will react as Trump and his team plan out their strategy,” he said, using China’s official name, the People’s Republic of China. Trump could yet hold back because a tariff hike could end up hurting US consumers, with the US still the top export market for China. Mr Nick Marro, the principal economist for Asia and lead for global trade at the Economist Intelligence Unit, noted that senior US officials have cautioned that the battle on inflation is not over, and tariff imposition would risk reigniting those price pressures. “It’s still highly unlikely at this point, but the economic – and political – costs of these tariffs could prompt a rethink by the Trump team come January. But let’s not hold our breath,” he wrote in a note on Nov 26. A key question remains over Trump’s Cabinet picks, with potential appointees such as Mr Marco Rubio for secretary of state viewed as China hawks. But others are seen as being more moderate, especially on the economic front. Prof Chong said that such differences in the upcoming administration could also lead to volatility in US-China relations. He noted that Mr Rubio has different positions on China than Mr Elon Musk, who has significant investments in China and has met the country’s top leaders multiple times. “These differences will have to be worked out. There could be some variation in policy as that takes place. The resulting shifts could well affect US-PRC ties.” Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel nowThe Best Anime Series On Netflix
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Customer Intelligence Platform Market Expected to Reach $14.8 Billion by 2031 | SAS Institute Inc. oracle Corporation, International Business Machines Corporation 11-27-2024 10:03 PM CET | IT, New Media & Software Press release from: DataM Intelligence 4 Market Research LLP Customer Intelligence Platform Market The Customer Intelligence Platform Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach. Download a Free sample PDF (Use Corporate email ID to Get Higher Priority) at: - https://datamintelligence.com/download-sample/customer-intelligence-platform-market What is the projected growth rate (CAGR) of the Global Customer Intelligence Platform market from 2024 to 2031, and what is the market value expected to change by 2031? The Global Customer Intelligence Platform Market reached US$ 2.0 Billion in 2022 and is expected to reach US$ 14.8 Billion by 2031, growing with a CAGR of 29.1% during the forecast period 2024-2031. A Customer Intelligence Platform (CIP) is a technology solution that collects, analyzes, and integrates customer data from multiple sources to provide businesses with a comprehensive understanding of customer behavior, preferences, and needs. By leveraging data analytics, machine learning, and AI, a CIP helps businesses personalize marketing strategies, improve customer engagement, and drive customer-centric decision-making. These platforms aggregate data from various touchpoints, including websites, social media, email interactions, and sales transactions, enabling businesses to gain insights into customer journeys, segmentation, and lifetime value. Ultimately, a CIP enhances customer experiences, boosts retention, and optimizes business operations. Key Developments: ❁ On December 13, 2023, Proxima, a data intelligence software company launched an AI-powered consumer intelligence platform to better evaluate business health and performance. The consumer data intelligence platform from Proxima makes use of over 60 million distinct buyer personas and a huge data pool of first-party data from prominent media channels. List of the Key Players in the Customer Intelligence Platform Market: SAS Institute Inc. oracle Corporation, International Business Machines Corporation, Google LLC, SAP SE, Microsoft Corporation, Informatica Inc., Salesforce, Inc. and Adobe Inc. Research Process: Both primary and secondary data sources have been used in the global Customer Intelligence Platform Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges. Segment Covered in the Customer Intelligence Platform Market: By Component: Platform, Services By Deployment Mode: On-premise, Cloud By Enterprise Size: Large Enterprise, Small and Medium-sized Enterprise By Data Channel: Web and Email, Social Media, Mobile, Call Centers, In Store, Others By Application: Customer Data Collection and Management, Customer Segmentation and Targeting, Customer Experience Management, Customer Behavior Analytics, Omnichannel Marketing, Personalized Recommendation, Others By End-User: BFSI, IT and Telecom, Retail and E-commerce, Healthcare, Media and Entertainment, Travel and Tourism, Others Regional Breakout: The global Customer Intelligence Platform Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Get Discounts on Premium Report:- https://www.datamintelligence.com/buy-now-page?report=customer-intelligence-platform-market Regional Analysis: The global Customer Intelligence Platform Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Customer Intelligence Platform Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications. **The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted** Chapter Outline: ⏩ Market Overview: It contains chapter wise data, as well as information about the research scope, major manufacturers covered, market segments, Customer Intelligence Platform market segments, study objectives, and years considered. ⏩ Market Landscape: The competition in the Global Customer Intelligence Platform Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies. ⏩ Companies Profiles: The global Customer Intelligence Platform market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production. ⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study. ⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Customer Intelligence Platform Market. ⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type. ⏩ Research Findings: This section of the report showcases the findings and analysis of the report. ⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided. Get Customization in the report as per your requirements:- https://datamintelligence.com/customize/customer-intelligence-platform-market Frequently Asked Questions ✹ What is the expected growth rate of the global market for the forecast period? ✹ What are the key driving factors that are responsible to shape the fate of the Customer Intelligence Platform market during the forecast period? ✹ What will be the overall size of the market during the analysis period? ✹ What are the prominent market trends which influence the development of the Customer Intelligence Platform market across various regions? ✹ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market? ✹ What are the challenges and threats that are likely to act as a barrier to the growth of the Customer Intelligence Platform market? ✹ What are the major opportunities that the companies can get to attain success in the world? Contact Us - Company Name: DataM Intelligence Contact Person: Sai Kiran Email: Sai.k@datamintelligence.com Phone: +1 877 441 4866 Website: https://www.datamintelligence.com About Us - DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology. Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele. This release was published on openPR.Lysander Announces Cash Distributions for the Lysander ActivETFs
The Taoiseach has said that he "is human and made a mistake" in his interaction with a Cork carer. Simon Harris on Saturday apologised to care worker Charlotte Fallon after a video of her challenging him on the Government's record on disability services went viral over the weekend. She had challenged Mr Harris while he was canvasing in a Kanturk supermarket. Asked about the incident on Sunday in Mayo, Mr Harris said that he was "holding his hands up" on the incident but was not "over-analysing" it. "I'm human, I make mistakes. But you know what I do when I make a mistake? I own it," he said. "I mean, there have been far too many occasions during general elections in this country and abroad where something goes wrong on the campaign trail and people dilly-dally and debate for days. I put my hands up. I got it completely wrong. I was wrong, simple as The Fine Gael leader went on to say: "I think people, I hope people, like to see humility in politics. If you get something wrong, you own it." Mr Harris said that he had engaged with Ms Fallon and was committed to improving disability services. He said he has had "hundreds of conversations with people" during the campaign and some conversations were "very complimentary about the work of Government", adding that there were "some conversations where people raise difficult, harrowing cases". "I got that one wrong ... and no matter how many times I say that, that reality won't change. So I made the decision to put my hands up and to apologise. That's what I do. I'm a human and I make mistakes." 'Very tightly contested' Mr Harris said that he wasn't concerned about an opinion poll published on Sunday which showed that Fine Gael support has dropped by four points , and now gives Mr Harris's party just a two-point lead on Fianna Fáil. "I think we always know the polls reset from the elections, because I've heard lots of people talk about that right back to Bertie Ahern — who makes that point on a regular basis — and it's been very clear to me, really since day one of this election campaign, that this is going to be a very tightly contested, close general election. "What I would say to the Irish people is this we need, when the results are out and the ballots are counted on Saturday, we need to be able to put together a strong, stable Government, because we are living in very difficult and challenging times. There is economic uncertainty growing in the world, and I really want my party to be in a position to play a leadership role in that Government Mr Harris said that, aside from the national poll, there were 43 local contests and the polls he has seen on a constituency level are "good news". Separately, the Taoiseach would not be drawn on reports that party chief whip Hildegarde Naughton campaigned with a councillor who was expelled from Fine Gael after sending inappropriate messages to a staff member. Patsy O'Brien is running in the Mayo constituency as an independent, but Mr Harris said that the situation was being treated confidentially. "A complaint was made to our party, the now independent councillor was suspended, was expelled, and has contested the local elections — a Seanad election — and now a general election against Fine Gael," Mr Harris said. "I've been very clear that my party took the right action in acting to expel them on the basis of gross misconduct. Due process obviously has to be followed. "My party is in touch with the complainant. If the complainant has asked media, as well as my party, to keep that engagement confidential, I want to respect their privacy." The Taoiseach also denied that there was a €5.5bn hole in his party's manifesto's financial projections. Economist Barra Roantree had written that all of the major parties had not followed the Irish Fiscal Advisory Council's projections for the money needed to keep public services running at their current level. Mr Harris said that the Fine Gael numbers predict that services will cost more or less what they have done in recent years.Injuries pile up, 49ers uncertain QB Brock Purdy can return Sunday
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While it's the end of an era for Findlay's Vacuum and Sewing on the North Shore, the location won't be vacant for long as Lee's Music is primed to take over the building by next spring. 's storefront has been at its location at 249 Tranquille Road since 1983. Owner and operator Patti Montpetit said she has worked at the store since 2002, bought the business in 2004 and has run it with her family since. It's last day of operation was Saturday, Dec. 28. “I’m ready for retirement, I have two wonderful grandchildren and I want to move back to the Island. I miss the ocean,” said Montpetit. “The community is impacted every time a family business closes down, of course it does. But unfortunately, we have to live our lives too.” With Findlay’s vacating the location, a deal was struck with Lee’s Music, which will be moving in some time next year. Montpetit said The Sewing Machine Doctors will be taking over the business’ sewing machine repair contracts and Hi-Tech Vacuums will be doing vacuum repairs “We wanted to make sure we didn’t leave everybody in the lurch, we are the last sewing machine sales people here,” Montpetit said. While the business had searched for a new owner, Montpetit said no buyer could be found. She said she's always had to compete with online shopping. “It’s a sign of change, and change happens and we have to allow that in life. It’s sad when you’re not shopping local, you notice Amazon prices are starting to rise because there’s no competition,” she said. “Nowadays I almost feel obsolete.” Montpetit said since the store announced it was closing she has heard from hundreds in the community wishing her the best. “The North Shore is amazing, the storefront’s been here forever, it seems like, and our community has always supported us,” she said. “I’m going out on a happy note, because I know that my clients appreciated this, and a sad note, because we're leaving them.” Mike Miltimore of Lee’s Music and Riversong Guitar says he has been consolidate his operations at his location at 13th Avenue and Battle Street, selling off the former Riversong Guitar location on Lorne Street two years ago. As part of a , Riversong Guitar has found a new guitar factory in Sicamous in a former houseboat manufacturing facility. Miltimore said he sold his Battle Street location three years ago, making way for a five-storey condominium complex, and Lee’s Music will have to make the move to the North Shore by April 1, 2025 when his lease is up. “When you’re in a place for 22 years, things like your office get pretty stagnant and sometimes you need those changes just to go through and clean and reorganize and have a refresh," Miltimore said. “We are excited to go into the North Shore, which we believe has had a lot of investment and it's becoming the arts and culture centre of Kamloops." He said music lessons, the retail music store and some guitar manufacturing will be moved to the new North Shore location. With the new digs also comes new possibilities. “Maybe we have an outdoor stage in the parking lot on the side, because we’re right on Tranquille,” he said. “We got all sorts of ideas like that, running around and working with the NSBIA [North Shore Business Improvement Association].” Founded in 1974, the announcement of the move coincides with the 50th anniversary of Lee's Music. While she plans on possibly doing some travelling and design work in retirement, Montpetit said she was happy that Lee’s Music will be taking over her location. “It's nice to know that another family business is moving into my old family building,” she said. With Miltimore required to be out of his Battle Street location by the beginning of April, he said he’ll be clearing out some of his stock. “We have an absolute ton of gear that we don’t want to move,” he said. “If anybody is looking for a musical instrument or has a need for something kind of old, we’ve got 50 years of stock that we’re willing to make some deals on.”UEC expects losses due to Philippine casino, gaming equipment businesses