Tag: trade

EU Council & Parliament Finalize CBAM Simplification Deal

The European Council presidency and European Parliament’s negotiators reached a provisional agreement yesterday on one of the proposals of the so-called ‘Omnibus I’ legislative...

India Leads Apparel Exports, Surpassing China and Bangladesh

The global textile industry is going through a huge transition as the buyers shift away from Bangladesh and China. India has now become a...

The Impact of Hormuz Closure on Global Textile Trade

The Strait of Hormuz is a crucial maritime corridor through which approximately 20% of the world's oil and liquefied natural gas (LNG) passes. Recent...

US Tariffs Harming Sustainable Fashion Brands

In an evolving global economy, the fashion industry faces numerous challenges, particularly concerning tariffs. Recent analyses reveal that current tariff policies are adversely affecting...

India Calls for Fair Cotton Trade at WTO

In a significant move, India has called upon the World Trade Organization (WTO) to address the prevailing asymmetries in the global cotton sector. This...

US Cotton Prices Decline, Crude Oil Provides Support

ICE cotton futures fell after reaching a near one-week peak on Tuesday. The US cotton market faced downward pressure as a stronger dollar made...

Iran-Israel War Disrupts Apparel Supply Chains in Asia

The escalating conflict between Iran and Israel is poised to have significant implications for apparel exporters and manufacturers across Asia and Southeast Asia. As...

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