Tag: trade

BCC Warns UK De Minimis Tariff Reform Could Raise Prices

The British Chambers of Commerce (BCC) has urged caution as ministers weigh whether to end the UK de minimis exemption for low-value imports, warning that a...

US Iran Tensions Threaten Global Textile Supply Chains

Escalating geopolitical friction between Washington and Tehran is rapidly emerging as more than a diplomatic issue. For manufacturers, exporters and raw material suppliers, the...

Sri Lanka Garment Exports Slip as US and EU Demand Softens

Sri Lanka’s garment sector began 2026 with a small but notable setback, as Sri Lanka apparel exports January 2026 declined 2.66% year on year amid what...

US 10% Tariff Cut Reshapes Global Textile and Apparel Trade

The announcement of a US 10% tariff cut effective February 24 for a 150-day period marks a significant inflection point in global trade policy,...

US Textile Group Opposes Secure Revenue Clearance Act

The National Council of Textile Organizations (NCTO) is pressing House leadership to stop the Secure Revenue Clearance Channel Act, arguing the bill would reopen a...

US and Bangladesh Agree Zero Tariff Trade Deal for Textiles

The United States and Bangladesh have signed a new US-Bangladesh trade agreement that creates a structured route to zero reciprocal tariffs on defined quantities of Bangladeshi textile...

US NCTO Backs Last Sale Valuation Act to End First Sale Rule

The National Council of Textile Organizations (NCTO) has thrown its weight behind the Last Sale Valuation Act, urging lawmakers to change a customs practice it...

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