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World Trade Organization

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…

European Brands Await Word on Tariffs

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

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.

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.

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…

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…

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…

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…

WTO Forum on U.S. Trade Sees Heated Exchanges

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

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…

Key African Nations Establish Digital Free Trade Zone

Fifteen nations have launched a pilot electronic certificate of origin program to speed and simplify…

‘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…

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…

WTO Trade Facilitation Agreement Ratified

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