Tag: trade

Revenue Drop for Under Armour Due to New US Tariffs

Under Armour has anticipated a revenue decrease of 6% to 7% for the second quarter of fiscal year 2026, citing changing trade policies and...

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...

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