Hey everyone, and welcome to this week’s installment of TraQing News! We’ve rounded up some content for you as you wind down your work week. From a new round of tariffs to Amazon being absolutely everywhere, here are some of our favorite articles from this week:
The Trump administration could announce another round of tariffs tomorrow | Andrew Liptak: A fresh batch of tariffs on Chinese goods is being lined up. This time the targets include products necessary for making consumer electronics. While currently the tariffs are set at 10%, they could eventually rise to as much as 25%. These new tariffs are expected to go into effect in November.
Appliance Slump Continues: AHAM | Alan Wolf: This summer has had much of the appliance category looking a little wilted, according to AHAM’s latest reports. However, HVAC shipments have benefited from the blistering heat, as have most cooking appliances. Hopefully as the weather cools off, other categories will have an opportunity to perk up.
Amazon reportedly planning 3,000 cashier-less Go stores by 2021 | Nick Statt: Amazon recently opened its first Amazon Go store outside of Seattle, and if the rumors are anything to go by, this will be the first of many. Very, very many. There are a few different store concepts that will be iterated as well. Between this reported push and new Alexa hardware for homes, we’re seeing a lot of new expansion efforts from Amazon this week.
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