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

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

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.

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

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

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.

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

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.

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

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

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

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

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.

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

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