by TANVI_MUNJAL | Dec 22, 2024 | Finance & Economy, News & Insights
The US-China trade war, ignited in 2018 with tariffs on steel and aluminium, quickly escalated, engulfing a vast swathe of goods, including textiles. While the intent was to bolster domestic manufacturing and curb the US trade deficit with China, the reality has been...
by TANVI_MUNJAL | Nov 8, 2024 | Finance & Economy, News & Insights
With Donald Trump’s return to the White House, the global textile trade landscape is poised for significant transformation. His “America First” policies are prompting nations, from China to the European Union, to reassess their trade strategies....
by TANVI_MUNJAL | Oct 21, 2024 | Business & Policy, Finance & Economy, News & Insights
The World Trade Organization (WTO) has released its latest bi-annual trade outlook, offering insights into the global textile market. Despite a challenging 2023, the organisation predicts a rebound in textile trade for 2024. A Positive Outlook for 2024 The WTO has...