WASHINGTON — U.S. Trade Representative Michael Froman called for a “compact” with sub-Saharan Africa on Tuesday, as the U.S. considers ways to upgrade and expand the African Growth & Opportunity Act.
This includes “sufficiently” extending an apparel provision that helps retailers and brands, further reducing remaining tariffs and moving toward more bilateral or regional arrangements with some of the African countries. Froman, in a speech at the Brookings Institution, said the changing global trade paradigm is forcing the U.S. to consider new relationships with sub-Saharan Africa.
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)