Tag: trade

UK DCTS Liberalisation to Boost Global Textile Trade

The forthcoming liberalisation of the UK Developing Countries Trading Scheme (DCTS)  reform, effective early 2026, heralds a pivotal moment for the global apparel and...

Egypt Aims to Achieve $12 Billion in Garment Exports by 2031

Cairo – In a recent initiative to enhance Egypt’s position in global trade, Abdel Aziz Elsherif, head of the Egyptian Commercial Service (ECS), convened...

US’ Guess to Go Private in $1.4 Billion Deal with Authentic

On August 20, 2025, Guess Inc. (GES.N) announced its agreement to be taken private in a deal valued at $1.4 billion, which includes debt....

Cotton Shipment Supports US-Africa Trade Relations

WASHINGTON — August 19, 2025 — The U.S. agriculture sector's significant role in transforming global supply chains was highlighted today with the successful US cotton export...

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...

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,...

Shein Sales in UK Surge to £2.8B as De Minimis Faces Change

The potential abolition of the de minimis threshold in the UK has raised concerns about the repercussions on Shein's considerable market presence, according to...

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