Tag: news

India Removes Cotton Import Duty Amid US Tariff Concerns

In a decisive move to safeguard its domestic textiles and garment industry, the Indian government has eliminated the 11% import duty on cotton (HS...

Unifi Launches AMY Peppermint Sustainable Odor Control Yarn

Unifi, based in Greensboro, North Carolina, is unveiling a new product called AMY Peppermint yarn by Unifi, a naturally deodorizing yarn specifically engineered for...

India Reopens PLI Portal for Textile Industry Incentives

The Indian man-made fiber and technical textiles sector is actively pursuing global competitiveness, as recent developments have tied government incentives to new investments and...

US Tariffs Threaten EU Textiles with Asian Competition

The intensification of the trade conflict between the United States and China may result in a surge of Chinese goods entering the European market,...

Trump Tariffs Adversely Affecting US Textile Industry

In a trade environment impacted by the previous administration’s tariff strategies, the U.S. textile industry is experiencing significant repercussions, according to industry leaders. President...

50% Tariff to Hit India’s Home Textile & RMG Sectors: Crisil

The recent U.S. decision to impose a 25% tariff on imports from India is projected to have a substantial impact on earnings across sectors...

Tariff Reduction to 20% a Win for Bangladesh Garment Sector

In a significant move poised to provide considerable relief to Bangladesh's export-driven garment sector, U.S. President Donald Trump has announced a major decrease in...

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