Latest in Government and Trade
USTR Says ‘Unfair’ Trade Practices Are Undermining U.S. Apparel and Textiles
Its grievances come at a time when the White House is dismantling programs meant to level the competitive…
White House Calls Amazon’s Reported Tariff Transparency Plans a ‘Hostile and Political Act’
Following reports that Amazon will begin showing consumers how tariffs play into the cost of goods, the White…
Shein ‘Welcomes’ Review of De Minimis Rule in Britain
The online giant, which is hoping to list on the London Stock Exchange, said it "wants to work with…
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CBP Reveals Far Lower Tariff Revenue Than $2B Per Day Touted by Trump
While the president has said his tariff scheme is bringing in $2 billion a day in federal government revenue…
China’s Q1 GDP Rose 5.4%, Retail Sales Up 4.6%
Cosmetics sales reached around $15.6 billion, a 4.3 percent increase, according to China's National Bureau of…
Markets Rally as Trump Backtracks, Pausing Tariffs for 90 Days
U.S. President Trump announced Wednesday that he would pause double-digit duty increases on many of the…
U.S. Trade Czar Grilled by Congress as Trump Moves Forward With Triple-digit China Tariffs
U.S. Trade Representative Jamieson Greer fielded agitated questions from lawmakers concerned about the impact…
Luxury Goods Sector to Shrink 2% in Wake of Tariff Turmoil: Bernstein
The bank had initially estimated 5 percent growth, but it now foresees a global recession.
Here’s How the Demise of De Minimis Could Impact E-Commerce and Resale
President Donald Trump signed an executive order that will collapse de minimis on goods imported from China…
London Fashion Week Axes June Edition, Doubles Down Showroom Support in Paris
An integral part of the BFC's support for emerging talents since 2008, London Show Rooms will now run four…
Fashion Will Bear Brunt of Trump’s ‘Reciprocal’ Duty Hikes
More than 90 percent of fashion firms will see duties heightened by up to 30 percent under Trump's new tariff…
Luxury Shares Drop, Price Hikes Loom in Wake of Trump Tariffs
Citi expects all brands to implement price increases in the U.S. by a single-digit percentage in coming weeks.
Trump’s ‘Liberation Day’ Tariffs Pack a Wallop
U.S. President Donald Trump announced reciprocal duties on America's trading partners, a universal baseline…
Trump’s Tariffs: The Hot-button Topic at AAFA Executive Summit in D.C.
In a keynote address, Tapestry CEO Joanne Crevoiserat said fashion companies have to be ready to operate in…
Impact of New Tariffs on Retail: Textiles and Apparel Sectors Brace for Higher Costs
With recent tariffs targeting imports from China and Mexico, U.S. retailers and manufacturers in textiles and…