Tag Archives: Asia

Style on Main: Target And Walmart Sound Alarm Over Retail ‘Collapse’ As Shelves Go Empty

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For years, “retail apocalypse” headlines have cried wolf. Many blamed Amazon, others warned of overbuilt malls, but most claims fizzled. What’s happening now is different. Target just slashed its 2025 outlook after a brutal quarter, projecting a “low-single digit decline” in annual sales. Walmart’s CEO Doug McMillon has gone straight to President Trump with warnings that store shelves may soon run dry. 

These aren’t fringe forecasts, they’re direct signals from America’s largest retailers. For the first time, retail’s titans are sounding the same alarm. The collapse isn’t theoretical anymore. Behind the aisles, a perfect storm of tariffs, supply chain chaos, and consumer panic is brewing.

Target And Walmart Sound Alarm Over Retail ‘Collapse’ As Shelves Go Empty
WWD Instagram For years, “retail apocalypse” headlines have cried wolf. Many blamed Amazon, others warned of overbuilt malls, but most claims fizzled. What’s happening now is different. Target just slashed its 2025 outlook after a
https://styleonmain.net/target-and-walmart-sound-alarm-over-retail-collapse-as-shelves-go-empty/

Responsible Statecraft: Hegseth is taking the Army on another dead end ride to Asia

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The U.S. Army is getting ready to fight China. At least that’s how Secretary of Defense Pete Hegseth and Army leaders are selling their new modernization initiative, announced on April 30.

Framed as an opportunity for “generational change,” the overhaul intends to “optimize” the Army’s force structure and equip its soldiers for the Indo-Pacific’s maritime terrain while divesting the heavy armored vehicles and helicopters that have been Army mainstays for a decade.

Like the Army’s past efforts to pivot to Asia, however, the initiative is likely to fail. The Army doesn’t have a game-changing or undiscovered role to play in a potential future conflict with China, and another expensive reboot isn’t going to help it find one. Instead, it’s time for the Army to face reality and double down on the narrow but essential core competencies it can already bring to the Indo-Pacific, including air defense, command and control, and sustainment.

https://responsiblestatecraft.org/hegseth-army

USA Today: ‘We have to try lifting ourselves’: USAID workers fired months ago are still scrambling for jobs

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They were among the first of the federal employees to lose their jobs, and months later, laid off workers for the U.S. Agency for International Development are still struggling to regain their footing.

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Roughly 95% said they had lost savings and retirement funds, 60% lost access to health care, and 37% have already lost their housing. Many said they will have trouble paying their bills in the coming months. 

‘We have to try lifting ourselves’: USAID workers fired months ago are still scrambling for jobs
USAID’s former workers are used to helping people and projects around the world – but now they’re turning inward to support each other.

https://www.usatoday.com/story/news/politics/2025/05/19/usaid-workers-next-job/83332416007

Explicame: Trump proposes $50 tax on every $1,000 sent in remittances

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Also billed as the Republican’s “One, Big, Beautiful Bill” and bullshit like this subtitle:

… the bill actually continues tax cuts for the wealthy on the backs of the working poor, those living hand to mouth, paycheck to paycheck. Buried starting at page 327 of 389 is a new 5% tax on remittances sent to family & friends overseas. This 5% tax is on top of the income taxes and the 15.3% (yes, the actual amount is twice the deduction that appears on your check stubs!) social security and medicare taxes that the sender has already paid, plus 2-4% in currency exchange fees.

Amidst the buzz surrounding the ambitious fiscal plan revealed by Republicans this week, a particular proposal has flown under the radar yet holds the potential to severely impact millions of workers and their families both within and outside the United States: a new tax on remittances sent abroad, costing up to $50 each month.

This initiative is part of the ‘ways and means bills,’ as termed by lawmakers aligned with President Donald Trump. The legislative package seeks to extend and expand tax exemptions implemented during his first term while introducing a series of public spending cuts. However, among the numerous provisions, the remittance tax stands out for its immediate and silent social impact.

The proposal specifically calls for a 5% tax on remittances sent from the United States. This levy would fall on the sender, meaning the worker in the U.S. who sends money to their home country to support loved ones, with an amount of $50 for every $1,000 sent.

With this tax, a monthly transfer of $300 could cost the worker an additional $15 in taxes, a figure that may seem small in macroeconomic terms but represents a significant expense for households living paycheck to paycheck.

Trump proposes $50 tax on every $1,000 sent in remittances
In a sweeping fiscal plan unveiled by Republicans, a proposed tax on remittances could significantly impact millions of workers and their families.

https://www.explica.me/en/News/Trump-proposes-50-tax-on-every-1000-sent-in-remittances-20250516-0016.html

GOP’s “big beautiful bill” would tax payments that many immigrants send back home
The bill would impose a 5% tax on remittance payments, with exceptions for most transfers made by U.S. citizens.

https://www.marketplace.org/story/2025/05/14/gops-big-beautiful-bill-would-tax-payments-that-many-immigrants-send-back-home

Apparently there are a few Republicans who think the bill is not so big and beautiful.

https://thehill.com/homenews/administration/5304927-trump-agenda-shaky-congress

Wall Street Journal: U.S. Looks for More Countries to Take Migrants

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Officials say they have asked several countries in Africa, Latin America and Eastern Europe

These people came to the United States in search of a better life, as many millions have done over the past 250 years.

And their reward? Trump is forcibly exporting them to whatever third-world country will take them.

The Trump administration is pursuing agreements with several more countries to take migrants deported from the U.S., according to officials familiar with the matter.

Immigration officials are seeking more destinations where they can send immigrants the U.S. wants to deport, but whose countries are slow to take them back or refuse to. Their desired model builds on a one-time deal the administration struck with Panama in February, under which they sent a planeload of over 100 migrants, mostly from the Middle East, to the Central American nation. Panama then detained the migrants and worked to send them to their home countries.

The officials are in conversations with countries in Africa, Asia and Eastern Europe, but aren’t necessarily looking to sign formal agreements, the people said.

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Among the countries the U.S. has asked to take the deportees are Libya, Rwanda, Benin, Eswatini, Moldova, Mongolia and Kosovo.

Exclusive | U.S. Looks for More Countries to Take Migrants – WSJ

Libya, Rwanda, Benin, Eswatini, Moldova, Mongolia and Kosovo? How inhumane can they get?