TradeReport

Report: Uncertainty is the New Norm in Trade, and New Sourcing Locations Will be Key

This year hasn’t been an easy one for trade, with deals becoming defunct or upended, Brexit remaining an ongoing riddle and weather-related catastrophes disrupting global supply chains. Apart from the stress these market forces may have induced, they’ve also served as a reminder that agility is in higher demand than ever before.

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TradeFeature

“Uncertainty” Over Trump Policies Makes Frenemies of Importers, Domestic Producers

The domestic textile industry and apparel importers have often been on opposite sides of U.S. trade issues, but in today’s political climate they seem to have found some common ground.

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TradeFeature

America First is Turning Into “America Alone” When it Comes to Trade

President Trump wants tariffs, he wants to nix or renegotiate trade deals so that everything’s “fair” and he wants to reduce the U.S. trade deficit—the problem with all of that, however, is that while his administration works on it, the rest of the world is carrying on with trade and the U.S. seems to be getting left behind.

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TradeNews

TPP 11 Takes Another Major Step Forward in Moving on Without US

The agreement formerly known as the Trans-Pacific Partnership has been resurrected and it now goes by the name Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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TradeNews

Miscellaneous Tariff Bill Introduction Could Mean Major Duty Reductions for US Companies

The introduction of the Miscellaneous Tariff Bill Act of 2017 in the congress was lauded by the American Apparel & Footwear Association for its provisions that would temporarily reduce or suspend duties on certain American imports.

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TradeNews

Bangladesh Gets $457 Million in World Bank Financing to Aid Garment Industry and Infrastructure

Bangladesh is getting a financial boost from the World Bank to improve infrastructure and obtain long-term financing for industries ranging from container terminals to the garment industry.

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