Tag: trade

Indian Textile Industry Faces Crisis with New US Tariffs

The Indian textile sector is facing a crisis as the administration of U.S. President Donald Trump has instituted an additional 25 percent tariff on...

Vietnam Textile Sector Reports 9% Growth in Exports in 2025

Hanoi - Vietnam's textile and garment sector has demonstrated significant progress in the first seven months of 2025, with export revenues exceeding $26.33 billion....

US Imposes 50% Tariff on Indian Textiles and Apparel

The United States has doubled down on its trade strategy, imposing a staggering 50% tariff on Indian imports, with textiles and apparel at the...

UK Retailers Expand Markets Amid US Tariff Uncertainties

A recent report from ESW and Retail Economics indicates that 76% of exporters in the UK are actively expanding their market presence to address...

India Targets Higher Handloom Exports with UK FTA

The Indian government is optimistic that a forthcoming free trade agreement (FTA) with the United Kingdom will significantly enhance exports of handloom products, positioning...

Second-Hand Clothing Trade Boosts US & Guatemala Ties

A recent report commissioned by Garson and Shaw emphasizes the significant environmental and economic advantages of the second-hand clothing trade between the United States...

Q2 2025 Italian Textile Machinery Orders See Slight Drop

In the second quarter of 2025, the textile machinery order index, compiled by the Economics Department of ACIMIT (the Association of Italian Textile Machinery...

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