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Gauging India-China’s trade relationships amid US-China trade war

Gauging India-China’s trade relationships amid US-China trade war

"On positive fallout of the ongoing turmoil between China and the US, is that Beijing has lowered duties on many Indian imports and removed them for 28 drugs, including anti-cancer drugs. As a favour, India has removed tariffs on over 3,000 goods from China and other Asian countries. Trade experts and Chinese officials... Read more

US to impose second set of tariffs on China, cotton and ancillaries in…

US to impose second set of tariffs on China, cotton and ancillaries in the list

"The US is looking to impose a new set of $200 billion tariffs on China. The move comes after the US implemented $34 billion worth of tariffs on Chinese imports recently, which was the first portion of the promised $50 billion Trump promised to levy against China over intellectual property concerns. Robert Lighthizer, ... Read more

US tariffs may trouble fashion retailers

US tariffs may trouble fashion retailers

"US policy makers have put themselves in a fix with the imposition of duty on imported products. While clothing and footwear haven’t come under the duty radar but the scenario seems grim. Clothing accounts for about $35 billion of China’s annual exports to the US and footwear $15 billion, around 10 per cent... Read more

Fighting against forced labour in Turkmenistan, Uzbekistan for cotton …

Fighting against forced labour in Turkmenistan, Uzbekistan for cotton production

"While there’s a growing risk that supply chain and CSR managers are faced with, they also need to address other aspects of their businesses that are adversely impacted by loss of control of the supply chain. These include potential loss in market share, brand reputation, stolen IP, liability to recall, potential... Read more

Malaysia’s trade policies under scanner

Malaysia’s trade policies under scanner

"Malaysia’s trade policies and agreements need to be reviewed urgently. But, they have not received the attention they deserve because a trade minister has not yet been appointed. There was a lot of discontent amongst the public when Malaysia signed the Trans-Pacific Partnership Agreement (TPA). But soon Trump as... Read more

Central America still holding strong on the US policy radar

Central America still holding strong on the US policy radar

"However, one of the problems in the region compared to Asia-China in particular is merchandising, the response time, getting samples back, highlighted Tony Anzovino, President AAPN and Chief Sourcing and Merchandising officer, Haggar Clothing. Though it has started working on this direction. As per US Commerce Departm... Read more

US-China trade war, India should tread with caution

US-China trade war, India should tread with caution

"Care chief economist Madan Sabnavis has advised India to have a cautious approach at this stage as the trade war could be extended to India as well. President Donald Trump is very unpredictable, and has already indicated that Washington could levy higher tariff on some of the products imported from New Delhi. The Sino... Read more

Trump keeps textile products out of tariff basket

Trump keeps textile products out of tariff basket

"While the Trump administration is slapping tariffs on $50 billion in Chinese imports, it has spared the clothing and footwear industry of China but the news is not a positive one. As per official statement, the actual shirts and shoes imported from China won’t get new tariffs, according to the full list of 1,102... Read more

Mending ways with the US seems to be a tall order for India

Mending ways with the US seems to be a tall order for India

"With the US President Trump imposing import duties on Indian products such as textiles, gems and jewellery, automotive, organic chemicals and pharmaceuticals, this could spell bad times especially for SMEs in the country. The impact could be huge, as the US accounts for nearly 16 per cent of India’s total export... Read more

Indian textile export policies need a fresh look

Indian textile export policies need a fresh look

"As per latest Apparel Export Promotion Council (AEPC) figures, India’s apparel exports have dropped 17.78 per cent to reach $1.49 billion, with an overall dip of 3.83 per cent to $16.71 billion in 2017-18. At the same time, India’s overall goods exports increased 9.78 per cent to $302.4 billion in April-Ma... Read more

India needs labor reforms

India needs labor reforms

There has been a contraction in the Indian workforce between 2013-14 and 2015-16.About 1.2 million jobs were lost and total employment was down from 483.9 million to 482.7 million. This ties in with the poor growth in sectors such as exports during this period. Countries with more practical labor laws such as Banglade... Read more

US-China trade ties a cause of concern or opportunity for others

US-China trade ties a cause of concern or opportunity for others

The ongoing tiff between US-China trade will have significant impact on global economic landscape. How things pan out is still not known, yet going by the present picture, things don’t look too bright between the two countries with severe allegations made by the US government on China. President Trump on April 3 ... Read more

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India doubles import duty on textile products

India has doubled the import duty on textile products including carpets, woven fabric, jackets ... Read more

India raises import duties to check imports

India has increased import duties on textile and apparel items. The aim is to protect domestic ... Read more

Tirupur exporters welcome duty hike

Tirupur garment exporters are happy about the increase in basic customs duty from 10 to 20 per ... Read more

Reimbursement of incentives under the Gujarat Textile Policy limits only to…

Reimbursement of incentives under the Gujarat Textile Policy 2012, will be limited to sales wit... Read more

US-China trade war officially takes off

US tariffs on Chinese imports have taken effect. With China having vowed to respond immediately... Read more

Nigeria: MAN urges government to relax textile fund

Manufacturers Association of Nigeria (MAN) has appealed to the Federal government to relax the ... Read more

DIPP to ensure domestic leather promotion

The Department of Industrial Policy and Promotion (DIPP), as a part of the Make in India campai... Read more

Government announces visa exemption for foreign handicraft designers

The handicrafts sector has been exempted from minimum salary condition (Rs 16.25 lakh per annum... Read more

FIASWI demands additional customs duty on imported silk

The Federation of Indian Art Silk Weaving Industry (FIASWI) has sought various duty cuts on man... Read more

PHMA warns government against increase in gas tariffs

Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has warned the government abo... Read more

NCTO wants tariffs on Chinese textiles

American businesses want Chinese textiles to be added to the tariff roster. The National Counci... Read more

The European Union’s retaliatory tariffs against U.S. set to begin soon

The European Union will begin charging a 25 per cent tariff on $3.2 billion of US products from... Read more

As trade war escalates, EU backs tariffs against US

EU countries approved a raft of tariffs targeting US goods including blue jeans, whiskey and mo... Read more

Government to impose anti-dumping duty on a Chinese polyester yarn

The government may impose anti-dumping duty of up to $528 per tonne for 5 years on a Chinese po... Read more

Indian hosiery sector wants ban on cotton exports to rein in prices

Hosiery manufacturers in India want the government to stop any further export of cotton till th... Read more

Israeli manufacturers scrap garments in tax protest

Dozens of clothing manufacturers in Tel Aviv have decided to dump garments them into a pile tha... Read more

Pak industry wants export tax to go

Pakistan’s garment industry wants help in increasing the country’s exports to overc... Read more

Pigment clearance delayed in Pakistan owing to HS codes

The clearance of textile raw material (pigments) has been virtually suspended due to non-feedin... Read more

Government proposes new taxes for garment industry

Bangladesh Garment Manufacturers and Exporters Association have demanded reduced corporate tax ... Read more

Rwanda takes over the tax obligations of exporters

To ensure Rwandan exporters are not significantly affected by the anticipated suspension of dut... Read more

India protests againts US review of its zero duty exports

The Indian government has objected to US decision of reviewing the eligibility of its $5.6 bill... Read more

Centre to revise duty drawback rates in Surat

The central government will depute two members from the duty drawback committee to analyse the ... Read more

APTMA rejects low export package

The Central Executive Committee (CEC) of the All Pakistan Textile Mills Association (APTMA), ha... Read more

NCTO upholds US tariffs on imported apparels

Although majority of business organisations and industry associations such as the American Appa... Read more

US states differ on polyester, microfiber legislation

The proposed polyester legislation from several US states in light of textile microfiber pollut... Read more

Sri Lanka seeks $500 mn apparel trade deal with India

Sri Lanka is hoping to convince India to remove the existing quota system for the apparel indus... Read more

Bangladesh garment manufacturers to pay higher taxes

Ready-made garments (RMG) manufacturers in Bangladesh will henceforth have to pay a higher corp... Read more

Sri Lanka to review FTA with China

Development Strategies and International Trade Minister Malik Samarawickrama has recently state... Read more

Sri Lanka draws up strategy for entry in Chinese markets

Sri Lanka’s Export Development Board (EDB) has drawn up a new entry strategy for the Chin... Read more

Chile and Pakistan close to FTA

Chile and Pakistan may sign a free trade agreement (FTA) within six months. This would enable P... Read more

FTA with the EU could benefit the Philippines

FTA negotiations between EU and the Philippines aim at eliminating or reducing tariff and non-t... Read more

China willing to meet US half way

China is willing to expand imports from the US if the US is willing to meet it half way in trad... Read more

Bangladesh source tax hiked

Apparel exporters in Bangladesh have to pay one per cent tax at source in the 2018-19 fiscal, i... Read more

Tirupur fears repo hike will hit exports

Exporters of Tirupur are apprehensive that the 25 basis points hike in the repo rate will have ... Read more

Cambodia wants a bigger presence in EAEU

Cambodia wants the Eurasian Economic Union (EAEU) to include more Cambodian products like garme... Read more

Pak cotton imports face customs duty again

Pakistan has reimposed customs duty on cotton imports. The aim is to maintain stability in cott... Read more

Canada and the EU retaliate

US textile exports are now facing retaliatory tariffs from Canada and the European Union. This ... Read more

Trade war intensifies moving closer to June 15

In response to President Donald Trump removal of the exemptions, from additional tariffs on ste... Read more

India to request US to renew the GSP scheme

India plans to request the United States to quickly renew the generalised system of preferences... Read more

Jeans may be casualty of trade war

The basic blue jean may become entangled in a trade war between the US and its allies. Followin... Read more

Exporters asked to show records

Apparel exporters in Tirupur have been directed by customs to submit records of exports done by... Read more

No ITC for power looms

The power loom weaving sector won’t get refund of input tax credit (ITC). ITC refunds for... Read more

Surat to have relief on GST related issues

Indian Union Textile minister Smriti Irani assured the textile industry of Surat that issues re... Read more

Tirupur exempt from e-way bill

Tamil Nadu has exempted Tirupur exporters from generating e-way bills. No e-way bill is needed ... Read more

AAFA criticises US govt’s tariffs on imports

Rick Helfenbein, president and CEO of the American Apparel & Footwear Association, criticis... Read more

US, EU can negotiate despite import tariffs

The United States and European Union could still negotiate a trade deal even if Washington impo... Read more

Vietnam to increase trade through FTAs

Vietnam plans to increase its import-export revenue through the implementation of 10 free trade... Read more

US threatens China on theft of American intellectual property

The United States threatened to impose tariffs on $50 billion of imports from China unless Beij... Read more

WTO to probe US charges against India

The World Trade Organisation will set up a panel to examine America’s allegations against... Read more

China’s Home Fashion Products Association argues against tariffs on textile…

The Trump administration proposed tariffs on goods from China may include home textiles, accord... Read more

Indian exporters to get their dues

Exporters in India are going to have their dues such as rebate on state levies and IGST cleared... Read more