Tag: trade
Apparel
2024 Apparel Export Rankings: China and Bangladesh Top
China has maintained its position as the world's leading apparel exporter in 2024, generating approximately $390 billion in clothing exports, according to the latest...
Apparel
Bangladesh Faces 35% US Tariff on Garments: BGMEA Warns
Bangladesh's garment industry is bracing for a potentially catastrophic impact following the announcement of a 35% tariff by the United States on its exports....
News
Cotton Trade in Focus Amid Tariff Talks Between India & US
India is on the brink of a crucial agreement with the United States regarding tariffs, particularly affecting the cotton trade. As of July 7,...
News
BTMA Seeks Withdrawal of Cotton Import Tax in Bangladesh
The Bangladesh Textile Mills Association (BTMA) has called on the Bangladesh government to reconsider the recently implemented 2% Advance Income Tax (AIT) imposed on...
Apparel
US-Vietnam Trade Deal Sparks Concern for Apparel Sector
In a recent announcement, President Donald Trump unveiled a new trade agreement with Vietnam, imposing a 20% tariff on imports from the Southeast Asian...
Apparel
US Senate Votes to End De Minimis Shipping Exemption
On July 1, 2025, the U.S. Senate approved a provision to permanently eliminate the de minimis exemption as part of a Budget Reconciliation Bill....
News
India Commits to Protect Textile Sector in US Trade Talks
Commerce and Industry Minister Piyush Goyal has confirmed that the government will prioritize the textiles and apparel industry in the forthcoming trade discussions with...
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