Tag: trade

$100B Textile Export Vision: India Bets Big on MSMEs

India is striving to hit $100 billion in textile exports within the next five years, with success relying heavily on the ability to support and scale...

India Restricts Bangladeshi Garment, Boosts Local Industry

New Delhi: The Indian government has enacted stricter import regulations, making Bangladeshi ready-made garments (RMG) more expensive to enter the Indian market. Effective immediately, these...

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...

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...

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...

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...

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...

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