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Welcome to Golden Sun Funding's official blog! We provide weekly insights into the latest financial news, business funding tips, and industry trends to help you navigate the evolving financial landscape.
In the changing world of digital payments, even big companies like PayPal face challenges. Once a leader in online transactions, PayPal is now having trouble keeping up with what customers want, especially younger shoppers. Competitors like Apple Pay and Buy Now, Pay Later services are becoming more popular, which is causing PayPal to lose its strong position. What does this mean for the future of payments? How can businesses adapt to these changes? Learn how trends in mobile payments, shifts in generations, and new technology are changing the financial world and what this means for you.
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Read MoreTrump’s Tariff Threats and US Petrol Prices US Petrol Prices at Risk from Canadian Tariffs President-elect Trump’s proposed 25% tariff on Canadian imports, including crude oil, could raise US petrol prices. Canada is the largest foreign supplier of US oil, and tariffs would disrupt this crucial supply. Economic Fallout and Trade Tensions The tariff plan could strain US-Canada-Mexico relations, with the Canadian dollar falling and trade tensions escalating. Both countries are engaged in talks to avoid further disruptions. US Dependence on Canadian Oil US refineries, especially on the West Coast, rely heavily on Canadian crude. If tariffs restrict this supply, it could lead to higher fuel prices as refineries struggle to find alternatives. Industry Concerns and Resolution Industry groups warn tariffs could hurt US refining margins, while Canada’s oil sector hopes this highlights their importance to the US economy.
Read MorePublished: November 26, 2024
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