World Trade Organization

Pringle of Scotland RTW Fall 2020

Government and Trade

U.S. Keeps Tariffs on British Fashion Goods at 25 Percent

While some tweaks were made to the duties in the Airbus dispute, wool suits and cashmere sweaters are still caught in the middle.

clock August 12, 2020Evan Clark

Pringle of Scotland RTW Fall 2020

Government and Trade

European Brands Await Word on Tariffs

The Trump administration is due to review tariffs imposed on European luxury goods in the Airbus-Boeing trade spat.

clock August 12, 2020Evan Clark

The Johnstons of Elgin store

Government and Trade

Britain, EU Appeal to U.S. Not to Raise, Extend Tariffs on Luxury

In August, the U.S. could decide to beef up, and broaden, punitive tariffs on British and European luxury goods which have been caught up in a long-running dispute over government subsidies to Airbus.

clock July 30, 2020Samantha Conti

Government and Trade

Textile, Apparel Trade Plunges 12 Percent, Study Says

A U.N. agency projects global trade overall in value terms will contract by 27 percent in the second quarter.

clock June 11, 2020John Zarocostas

A container ships sails in the East Lamma Channel on his way to Hong Kong in Hong Kong, 11 July 2018. According to reports, Hong Kong's finance minister Paul Chan said the short-term impact on the city of China's escalating trade war with the United States would be limited to a dip in growth of just 0.1 or 0.2 of a percentage point. According to reports, US President Donald Trump announced on 10 July that US is preparing to impose 10 percent tariffs worth 200 billion US dollars on imported goods from China.A container ships sails the East lamma Channel, Hong Kong, China - 11 Jul 2018

Government and Trade

WTO Warns Apparel Trade to Plummet in 2020

The World Trade Organization said overall global trade could drop between 13 and 32 percent due to the crisis.

clock April 8, 2020John Zarocostas

Donald Trump, Xi Jinping. President Donald Trump, left, poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, JapanTrump G20 US China, Osaka, Japan - 29 Jun 2019

Government and Trade

Tariff Déjà Vu: Another Year of Trump Turning Levies Into a Global Weapon

From Asia to Latin America to Europe, it doesn’t appear that anyone is safe as the U.S. increasingly relies on levies to assert its power on the global stage.

clock December 23, 2019Kathryn Hopkins

Pedestrians wait to cross a traffic intersection at the Central Business District in Beijing, . China's 2018 trade surplus with the United States surged to a record $323.3 billion but exports contracted in December as the delayed impact of President Donald Trump's tariff hikes started to depress demand. Global exports shrank 4.5 percent in December, reflecting weak consumer demandTrade, Beijing, China - 14 Jan 2019

Government and Trade

China Exports Plunge After U.S. Tariffs

Shipments from China fell 25 percent in the first half of 2019, including a steep decline in textile and apparel exports.

clock November 5, 2019John Zarocostas

President Trump talks to reporters on the South Lawn of the White House in Washington. Trump is showcasing the growing effort to capitalize on western Pennsylvania's natural gas deposits by turning gas into plasticsTrump Economy, Washington, USA - 09 Aug 2019

Government and Trade

Trade War Seen Hitting Profits at ‘Business-as-Usual’ Retailers

The U.S.-China trade war is seen boosting apparel and accessory prices by 5 to 10 percent, with a corresponding hit to retailers’ profits, experts said.

clock October 8, 2019Ivan Castano

Government and Trade

WTO Predicts Weak Growth for Trade in 2019

In 2018, the U.S. remained the world’s top importer, with the value of shipments up 9 percent to $2.61 trillion.

clock April 2, 2019John Zarocostas

Government and Trade

WTO Forum on U.S. Trade Sees Heated Exchanges

Tensions ran high during a tense review of U.S. trade policy.

clock December 19, 2018John Zarocostas

A container ships sails to the Kwai Tsing Container Terminals in Hong Kong, 11 July 2018. According to reports, Hong Kong's finance minister Paul Chan said the short-term impact on the city of China's escalating trade war with the United States would be limited to a dip in growth of just 0.1 or 0.2 of a percentage point. According to reports, US President Donald Trump announced on 10 July that US is preparing to impose 10 percent tariffs worth 200 billion US dollars on imported goods from China.A container ships sails the East lamma Channel, Hong Kong, China - 11 Jul 2018

Government and Trade

Can the Yuan Help Retailers as the Trade War Engulfs Fashion?

The fashion industry has been targeted in a government list of $200 billion worth of Chinese imports set for 10 percent levies.

clock July 12, 2018Kathryn Hopkins

The Eritrean delegation at the COMESA DTFA workshop held in the Seychelles last January.

Government and Trade

Key African Nations Establish Digital Free Trade Zone

Fifteen nations have launched a pilot electronic certificate of origin program to speed and simplify cross-border trade.

clock February 11, 2018Bambina Wise

Government and Trade

‘Intangible Capital’ Seen of Growing Importance in Global Economy

According to WIPO, one-third of the value of manufactured goods sold globally, or $5.9 trillion, comes from “intangible capital,” the third-largest being textiles and apparel.

clock November 21, 2017John Zarocostas

Hanjin Shipping

Government and Trade

WTO Warns of ‘Deep’ Uncertainty Over Global Trade

WTO: World trade to rebound in 2017 and grow by 2.4 percent, but outlook clouded by downside risks and policy uncertainty.

clock April 12, 2017John Zarocostas

The TFA is aimed at speeding up the shipment of goods across borders.

Government and Trade

WTO Trade Facilitation Agreement Ratified

The agreement seeks to expedite the movement, release and clearance of goods across borders.

clock February 22, 2017Arthur Friedman

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