TradeNews

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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TradeReport

Report: Rising Sourcing Costs Will Demand Deeper Supply Chain Involvement from Brands

Cost increases may be expected elements of doing business, but when they come in conjunction with increased competition and a consumer who refuses to pay full price more often than not, cost increases can mean major margin pressure.

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TradeFeature

Importer Beware: FOB Prices Out of India Spike 5 Percent

It seems the Indian government is stuck between a rock–complying with global trade rules and its overall tax structure –and a hard place–supporting its apparel and textile industry.

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TradeNews

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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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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TradeTrump TrackerFeature

“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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