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As of mid-October 2025, US tariffs continue to pressure retail sectors, prompting cautious price hikes and shifts in consumer behavior. Walmart reports strong sales but warns of rising inventory costs. Thrift stores see growth as shoppers seek value. UK retailers like Asda face tax-driven cost pressures amid weak consumer confidence. Delivery speed intensifies competition among US retailers.
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The UK government is considering reforms to business rates to stimulate growth amid industry pressure and recent rate hikes. Simultaneously, policies affecting international students and university funding threaten regional economies and public finances, highlighting ongoing economic and educational tensions.
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The US and UK are ending or delaying exemptions on low-value imports, impacting consumers and retailers. The US ended its de minimis exemption in August, raising duties on packages over $800, while the UK plans to phase out its exemption by 2029, causing disruptions for small businesses and shoppers.