The chief executive of GSK yesterday declared the US to be the best place for pharmaceutical companies to invest. Emma Walmsley said the US led the world in launches of drugs and vaccines and, alongside China, was the best market for business development. She is the latest boss of a leading UK drugmaker to talk up business opportunities on the other side of the Atlantic, after AstraZeneca's Pascal Soriot hailed the vital importance of the US.
TikTok doesn't disclose aggregate sales figures, but the price and sales volume of individual products are visible on the app. Based on that data, the analytics firm EchoTik estimates TikTok Shop sold $19 billion worth of products globally from July through September of this year. The United States, its largest market, accounted for $4 billion to $4.5 billion in sales, an increase of about 125 percent compared to the second quarter of 2025.
"For brands in the mid- to high-end segment, especially those looking to expand overseas, they need to set their sights on the US market early on and go all in," he said to CNBC. "The US remains the most important market with the greatest spending power and cultural influence," he added. Pop Mart, a Chinese toy manufacturer behind the viral doll Labubu, expanded to the US in 2023, opening its first brick-and-mortar store in New Jersey's American Dream mall.
The PlayStation parent cited "challenging economic environment" as the reason for the price increase. PS5 Price Hiked in the US The price of the standard physical edition PS5 is going up from $499.99 to $549.99, Sony announced in a PlayStation Blog post on Wednesday, calling the price hike a "difficult decision". PS5 digital edition now costs $499.99, up from $449.99. The PS5 Pro, too, gets a $50 price hike, up from $699.99 to $749.99
Foreign investors invested a record $311.1 billion in U.S. securities in May, reversing a $14.2 billion withdrawal in April, as tariff fears eased.
Consumers' appetite for big-ticket spending on PCs faces a number of downside risks. Although PCs currently remain exempt, broader tariffs impacting key spending categories have already resulted in inflationary pressure, with the Federal Reserve pausing its planned interest rate cuts in anticipation of further price rises in the remainder of the year.
As an importer, Paul John Indian Caffeine currently brings six varieties of Indian green coffee to the United States, selling them to U.S. roasters or roasting them for direct online sales.
U.S. equity markets ended the week in negative territory, with widespread losses across major indexes, led by the Dow Jones and S&P 500's declines.
The sell America trade is a strategy gaining traction as Australians cut back on US investments, influenced by uncertainties stemming from Trump's tariff policies.