UPS posts downbeat quarterly results as shifting trade policies weigh | Is UPS Stock (UPS) a Buy …

Explore the latest developments concerning UPS posts downbeat.UPS posts downbeat quarterly results as shifting trade policies weigh United Parcel Serv...


0

Explore the latest developments concerning UPS posts downbeat.

UPS posts downbeat quarterly results as shifting trade policies weigh

United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de minimis" tariffs on low-value Chinese shipments and mounting risks from President Donald Trump's trade policies.

The White House in May began collecting tariffs on shipments under $800 from China that were previously duty-free. While those levies were reduced to 54% from 120% as part of a trade truce, consumer demand is still expected to take a hit.

Experts believe the removal of the exemption likely creates a greater-than-expected volume headwind for the company's international segment, as customers may cut back on discretionary online purchases, reducing shipments from bargain e-commerce sellers such as Temu and Shein on UPS's most profitable China-U.S. trade lines.

Sofirn Q8 Plus Super Powerful LED Flashlight 16000lm USB C Rechargeable 21700 Anduril 2.0 Torch XHP50B Reverse Charging


Sofirn Q8 Plus Super Powerful LED Flashlight 16000lm USB C Rechargeable 21700 Anduril 2.0 Torch XHP50B Reverse Charging


Unlock exclusive benefits here. »

The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights for a comprehensive understanding of evolving situations and their broader implications across various sectors.

For more detailed information and comprehensive insights, explore recent updates concerning UPS posts downbeat.

For more news, visit: For more news…


Like it? Share with your friends!

0

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
admin

0 Comments

Your email address will not be published. Required fields are marked *