WASHINGTON — China agreed to eliminate a dozen export and import subsidies by Jan. 1, settling a U.S. trade case but potentially increasing costs for apparel importers.
The U.S. brought the World Trade Organization trade case against China in February, charging Chinese companies with foreign investment received tax breaks that broke global trade rules. Mexico later joined the case against China.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)