Tag: trade
Apparel
US Textile Sector Lauds Trump for Ending De Minimis Loophole
WASHINGTON, D.C. – May 1, 2025 – The National Council of Textile Organizations (NCTO), which represents the entire U.S. textile industry, from fibers and yarns...
Apparel
US Tariffs Prompt Shein to Shift Production from China
Shein, the global fast-fashion retailer, is reportedly evaluating plans to shift its production for the US market out of China. This decision comes as...
News
India Seeks Solutions for Yarn Exports to Bangladesh
The closure of three key land ports between Bangladesh and India has disrupted India-Bangladesh yarn exports, pushing Indian textile mills to explore alternative transportation options....
News
US Focuses on Precision Manufacturing Over Textile Industry
On Tuesday, US Treasury Secretary Scott Bessent underscored the country’s need to prioritize US precision manufacturing focus over efforts to revive the traditional textile industry. "The...
News
Ahlstrom Reports Strong Q1 2025 Results, €140M Gross Profit
Ahlstrom, a Finnish leader in fibre-based specialty materials, reported net sales of €739.4 million ($791.16 million) for the first quarter (Q1) of 2025. This...
News
North Indian Cotton Yarn Trade Declines Amid Border Tensions
The cotton yarn trade in Northern India is currently experiencing significant challenges due to weak demand and ongoing tensions between India and Pakistan. Market...
News
US Tariff Hike May Harm India’s Exports and Demand: RBI
In its latest monthly bulletin, the Reserve Bank of India (RBI) has expressed concerns regarding the potential repercussions of increased tariffs by the United...
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