Tag: trade
News
Australian Wool Prices Steady Amid Renewed Chinese Demand
Australian wool auctions saw price declines mostly stabilize this week, supported by renewed interest from China’s two largest Merino top manufacturers. These buyers accounted...
Apparel
De Minimis Policy to End Globally Under New US Bill
The US National Council of Textile Organizations (NCTO) has voiced strong support for a newly proposed US measure that seeks to eliminate the de...
News
US Textiles Need Critical Supply Chain Recognition
American Circular Textiles (ACT) has made a public appeal following a White House briefing led by US Trade Representative Ambassador Greer and Treasury Secretary...
Apparel
NRF: Tariffs Impact Global Apparel and Trade Volumes Decline
In March 2025, U.S. ports monitored by the Global Port Tracker processed 2.15 million Twenty-Foot Equivalent Units (TEU), marking a 5.5% rise from February...
News
Global Cotton Market Steady Despite Currency Fluctuations
Global cotton prices exhibited minimal fluctuations over the past month, remaining relatively stable across key markets, according to Cotton Incorporated.
The near-term July NY/ICE futures...
Apparel
US Cuts De Minimis Tariff on Chinese Goods to 54% From 120%
The US government has announced a significant reduction in the de minimis tariff rate on low-value Chinese imports. Effective May 14, the tariff on...
Apparel
NRF & AAFA Welcome US-China Tariff Pause, Seek Stability
Leading US retail and apparel organizations, including the National Retail Federation (NRF) and the American Apparel & Footwear Association (AAFA), have cautiously welcomed the...
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