Tag: trade

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...

Trump Tariffs Adversely Affecting US Textile Industry

In a trade environment impacted by the previous administration’s tariff strategies, the U.S. textile industry is experiencing significant repercussions, according to industry leaders. President...

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