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US apparel groups hail deal on USMCA trade pact

2019-12-11 12:38:00| Daily apparel & textile news and comment - from just-style.com

After two years of talks, a deal has finally been struck on the revised terms of the United States Mexico Canada (USMCA) trade agreement, with US apparel and textile industry groups urging swift Congressional and presidential approval.

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US apparel imports continue to feel weight of China tariffs

2019-12-09 17:34:00| Daily apparel & textile news and comment - from just-style.com

The knock-on effect of retailers bringing orders forward to beat the September tariff hike on clothing shipments from China still continues to be felt months later. The volume of US apparel imports dropped for the third consecutive month in October, with shipment volumes from the East Asian supply powerhouse falling by close to a third month-on-month. Meanwhile, rivals Bangladesh and Pakistan were the only countries to book an increase.

Tags: china feel continue weight

 
 

U.S. Apparel Imports: Latest and Long-Term Trends (Monthly Report)

2019-12-06 19:09:14| EmergingTextiles.com

US apparel imports from China have plunged by 35% in dollar terms in October, from their level a year earlier, as a clear sign that the Trump Tariffs have deeply disturbed the clothing market. Other origins have been negatively affected by the radical move with imports falling from most other origins. The winner is not Vietnam, as widely expected, but Bangladesh, benefiting from its low-cost advantage. Our monthly review covers US apparel import data, with historical trends being analyzed over the 2000-2019 period, including cotton vs. man-made fiber apparel, and China vs. Vietnam and the Rest of the World (RoW). Import data are available per origin in the latest month under review, and the year-to-date, in volume, value, and unit value terms.

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US delay on China trade deal "concerning" for apparel

2019-12-05 11:48:00| Daily apparel & textile news and comment - from just-style.com

Concerns are growing in the US apparel industry that Donald Trump is looking to delay a potential trade deal with China until after the 2020 presidential election.

Tags: china trade deal apparel

 

Apparel business interest is growing in Pakistan

2019-12-03 12:39:00| Daily apparel & textile news and comment - from just-style.com

With an improving law and order situation, business-friendly policies from its elected government, and incoming Chinese investment under the Beijing-backed CPEC (China-Pakistan Economic Corridor) programme, Pakistan is becoming an increasingly attractive location for foreign direct investment - especially in the textile and clothing sector.

Tags: business interest growing apparel

 

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