Introduction:
In this episode, we explore three significant stories reshaping commerce, technology, and retail. First, the U.S. government has permanently closed the $800 tariff loophole on low-value packages, a move expected to generate billions for the Treasury while targeting illicit goods like fentanyl. Next, we examine the AI boom in Querétaro, Mexico, where major tech companies such as Microsoft and Amazon are fueling a data center surge that intensifies the region’s severe drought, sparking concern among local communities. Finally, we highlight Ulta Beauty’s impressive 6.7% sales growth in Q2, driven by its loyalty program and strategic brand expansions, even as it shifts away from Target to acquire Space NK.
Content and Timestamp:
00:00:26 US Ends Low-Value Package Tariff Exemption Permanently, Expecting Billions in New Revenue
00:04:00 Thirsty Giants: Mexico's Data Centers Fuel AI Boom Amidst Drought
00:07:14 Ulta Beauty Raises Full-Year Forecast Amidst Strong Q2 Growth and Strategic Expansion
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