Tag: trade

US Textile and Apparel Imports Rise 6.59% to $31.67B in 2025

The U.S. textile and apparel import volume experienced a significant rise of 6.59% during the first five months of 2025, according to recent data....

Indonesia Exports $1.6B apparel to the US, Secure 5th Spot

Indonesia has solidified its presence in the global apparel market by exporting approximately $1.6 billion worth of garments to the United States between January...

UK Trade Measures Boost Apparel from Developing Nations

On July 10, a fresh set of trade initiatives was introduced to enhance the UK’s Developing Countries Trading Scheme (DCTS), aimed at simplifying import...

Coats acquires OrthoLite, accelerating Footwear growth strategy through combination with global leader in insole technology

Coats, the world’s leading manufacturer in thread and structural components for apparel and footwear and an innovative pioneer in performance materials, has signed a...

Trump’s 30% Tariff Hike Threatens European Textile Industry

The potential implementation of a 30% tariff hike by the Trump administration poses a significant threat to the European textile sector, industry experts warn....

UK Reforms: Tariff-Free Imports for Sri Lankan Garments

The UK government has recently introduced a set of reforms aimed at streamlining the import process from developing nations. Key among these measures is...

US Footwear Industry Seek Relief from High Tariff Rates

As negotiations for reciprocal trade agreements advance, leaders in the footwear industry, represented by the Footwear Distributors and Retailers of America (FDRA), are urging...

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