TradeNews

India’s Denim Mills Cry the Blues Over Duty Drawback Cuts

India’s denim sector is weighing in on the controversy that followed the government’s cutting of drawback duties for exporters, joining the industry call for remedy.

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Will Cambodia Become a More Challenging Place to Source Apparel?

Cambodia has been enjoying a relative climb up the manufacturing value chain, according to the World Bank, but the country’s now facing a deteriorating political climate that has the potential to plague its growing garment industry.

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Vietnam Looks to Scale up Apparel and Footwear Production Ahead of EU FTA

With TPP on the rocks and the U.S. out whether TPP 11 happens or not, Vietnam has its efforts focused on preparing for more robust trade with the European Union. Vietnam and the European Union have been working on the EU-Vietnam Free Trade Agreement (EVFTA)……...

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Myanmar Signs Trade Agreement with EU Chamber of Commerce

The Myanmar government's trade promotion body has signed a deal with the European Chamber of Commerce to boost bilateral trade and investment from European countries.

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China Cuts Import Tariffs to Aid Consumer Spending

China’s Ministry of Finance announced it will cut import tariffs on consumer products, including apparel, as part of a drive to lower costs and spur domestic consumer spending.

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NAFTA Prospects Grow Increasingly Grim as US Blames Canada, Mexico for Holding up the Deal

The North American Free Trade Negotiations have turned into a blame game about which party is doing the most to damage the deal. Needless to say, little progress seems to have been made at the fifth round of negotiations that wrapped in Mexico City Tuesday.

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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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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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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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