Tag: trade

Indian Carpet Exporters Hopeful Despite US Tariff Impact

The 50% tariffs imposed by former U.S. President Donald Trump on Indian imports have had a profound impact on Indian carpet exports, affecting not...

Brazilian Cotton Prices Drop Amid Harvest Advances

In early September, cotton prices in Brazil experienced a decline as harvesting and processing activities for the 2024-25 season advanced, which increased the availability...

Rising Costs Force North Face to Leave Turkish Production

Increasing costs have prompted another major global brand to distance itself from Türkiye's textile sector, as The North Face has cut 80% of its...

Lesotho Delegation Pushes for Tariff Reductions in US

Lesotho is dispatching a high-level delegation of cabinet ministers, along with leaders from various industries and labor unions, to the United States this weekend....

SMART: Renew AGOA Before Expiration to Protect US Jobs

The Secondary Materials and Recycled Textiles Association (SMART) has called on the U.S. government to renew the African Growth and Opportunity Act (AGOA) before...

TBL: Apparel Prices In US May Go Up By 36.2% Due to Tariffs

According to research conducted by The Budget Lab (TBL) at Yale University, if all existing US tariffs remain in place indefinitely, consumers in the...

India Sees Record Cotton Purchases Despite Planting Drop

India's cotton planting area has seen a slight reduction this season; however, the country is on track to acquire a record amount of seed...

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