Hi everyone – welcome to your 3 Shifts Edition [AI-generated audio version].

First, Trump’s tariff rollercoaster is giving the markets whiplash, with a surprise 90-day pause on most “reciprocal” tariffs alongside a major hike on China. The S&P 500 bounced, the dollar sank, and 10-year Treasury yields surged, leaving some wondering if bond traders (or China) are casting votes of no confidence.

Next, the de minimis loophole is seeing its endgame, leaving low-cost ecommerce players like Shein and Temu scrambling. With duties of 120% or $100-200 per shipment coming soon, that $3 phone case is going to get a lot pricier. The effects will ripple through to US sellers and US consumers.

Finally, Google’s new Workspace Flows will let users automate multi-step workflows across its productivity suite. What makes it interesting is how deeply integrated it is with Google’s widely used tools (e.g. Gmail, Calendar, Drive, Chat, Docs, Sheets, Slides, Forms, Meet, NotebookLM) – and the utter mundanity of the tasks it might handle out of the box.

Enjoy.

– Tam

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