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With many countries beginning to emerge from lockdown in the wake of the coronavirus pandemic attention has turned to the economic recovery. The potential shape of that recovery - U-shaped, W-shaped, V-shaped or even 'square root shaped' - has split economists and strategists. All 50...
According to the Footwear Distributors and Retailers of America (FDRA), President Trump’s newest proposal to add an additional US$300 billion in duties on apparel, footwear and textiles imported from China could cost Americans US$7 billion more each year in footwear alone. Early Monday evening, the Trump administration filed a new proposal...
The inclusion of chapters 50-60 in the recently imposed additional tariff on Chinese imports by the US has put India in an advantageous position, according to the Confederation of Indian Textiles Industry (CITI). Indian textile industry has an opportunity to increase its exports to US, particularly cotton...
The US Hide, Skin and Leather Association (USHSLA) and Leather Industries of America (LIA) have joined forces to urge the Trump administration not to move forward with proposed tariffs on imported handbags from the European Union. In April the US government included leather handbags on a list...
Washington’s escalating trade war with Beijing has not “made America great again” and has instead damaged the American economy, China said Sunday, warning that while it wants resolution through talks there will be no compromise on core principles. Beijing’s broadside is the latest act in a bruising...
The US-China trade war that has raged for the past year could cause a disastrous $US600 billion blow to the global economy. That’s the grim assessment of the Organization for Economic Co-operation and Development (OECD), which warned a further escalation of the crisis could impact a world economy already weakened by sluggish...
The US Hide, Skin and Leather Association (USHSLA) has said the escalation of the trade tensions between the US and China will mean increased tariffs on some exports of raw material from the US to tanners in China. However, it said on May 14 that most US...
বাণিজ্য ক্ষেত্রে এত দিন  যুক্তরাষ্ট্র থেকে ভারত একটি বিশেষ সুবিধা (জেনারালাইজড সিস্টেম অব প্রেফারেন্স বা জিএসপি) পেত। এবার সে সুবিধা বন্ধ করে দিচ্ছে ট্রাম্প প্রশাসন। যুক্তরাষ্ট্রের পক্ষ থেকে গতকাল বৃহস্পতিবার জানিয়ে দেওয়া হয়েছে, ‘সিদ্ধান্ত পাকা।’ মোদি সরকারের সঙ্গে মার্কিন প্রশাসনের সুসম্পর্কের কথা সবার জানা।...
India will try to independently cultivate export competitiveness without depending on the US generalised system of preferences (GSP) scheme, according to commerce and industry minister Piyush Goyal, who said India graciously accepts that development assistance offered by nations till now has ceased. He addressed media on June...
Expectation of a large 2018-19 cotton crop kept purchasers retracted from the spot market leading to a dip in prices during the first fortnight of June 2019. After dropping 2.58 per cent in May, between May 31 and June 14, the CEPEA/ESALQ cotton Index, with payment in...