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India: Amended TUFS offers wider financial gains to textile industry

India: Amended TUFS offers wider financial gains to textile industry

"The Union Ministry of Textiles recently introduced Amended Technology Upgradation Funds Scheme (ATUFS) that will offer wider financial and operational benefits to all textile players. The scheme, first introduced in 1999, to improve operational efficiency of textile units, was later upgraded to encourage new investmen... Read more

China-US trade councils working to improve trade situation

China-US trade councils working to improve trade situation

"Rising trade aberrations are proving to be detrimental for Chinese and American textile and apparel organisations. Expressing resentment, Xu Yingxin, VP, China National Textile and Apparel Council, stated tariff increases are not just a tax on consumers, they will also bring uncertainty to the stable global supply cha... Read more

India could be at risk of breaking global trade conduct

India could be at risk of breaking global trade conduct

"The global trade law for the 164 WTO members prohibits discrimination on the basis of tariffs. India raised basic customs duties on 43 broad categories of goods, including electronics, in this year’s Budget. It also raised import tariffs on 76 textile products and announced higher safeguard duties on solar cells... Read more

US textile makers hail President Trump’s tariff enactment

US textile makers hail President Trump’s tariff enactment

"After opening up trade tariff war with China in recent times, the US textile industry has been witnessing growth waves lately. Aided by Trump’s US-friendly policies, companies are eyeing a fortune in business but it’s said that the industry requirements don’t end here as Michael Woody, CEO, Trans-Tex... Read more

Gauging India-China’s trade relationships amid US-China trade war

Gauging India-China’s trade relationships amid US-China trade war

"On positive fallout of the ongoing turmoil between China and the US, is that Beijing has lowered duties on many Indian imports and removed them for 28 drugs, including anti-cancer drugs. As a favour, India has removed tariffs on over 3,000 goods from China and other Asian countries. Trade experts and Chinese officials... Read more

US to impose second set of tariffs on China, cotton and ancillaries in…

US to impose second set of tariffs on China, cotton and ancillaries in the list

"The US is looking to impose a new set of $200 billion tariffs on China. The move comes after the US implemented $34 billion worth of tariffs on Chinese imports recently, which was the first portion of the promised $50 billion Trump promised to levy against China over intellectual property concerns. Robert Lighthizer, ... Read more

US tariffs may trouble fashion retailers

US tariffs may trouble fashion retailers

"US policy makers have put themselves in a fix with the imposition of duty on imported products. While clothing and footwear haven’t come under the duty radar but the scenario seems grim. Clothing accounts for about $35 billion of China’s annual exports to the US and footwear $15 billion, around 10 per cent... Read more

Fighting against forced labour in Turkmenistan, Uzbekistan for cotton …

Fighting against forced labour in Turkmenistan, Uzbekistan for cotton production

"While there’s a growing risk that supply chain and CSR managers are faced with, they also need to address other aspects of their businesses that are adversely impacted by loss of control of the supply chain. These include potential loss in market share, brand reputation, stolen IP, liability to recall, potential... Read more

Malaysia’s trade policies under scanner

Malaysia’s trade policies under scanner

"Malaysia’s trade policies and agreements need to be reviewed urgently. But, they have not received the attention they deserve because a trade minister has not yet been appointed. There was a lot of discontent amongst the public when Malaysia signed the Trans-Pacific Partnership Agreement (TPA). But soon Trump as... Read more

Central America still holding strong on the US policy radar

Central America still holding strong on the US policy radar

"However, one of the problems in the region compared to Asia-China in particular is merchandising, the response time, getting samples back, highlighted Tony Anzovino, President AAPN and Chief Sourcing and Merchandising officer, Haggar Clothing. Though it has started working on this direction. As per US Commerce Departm... Read more

US-China trade war, India should tread with caution

US-China trade war, India should tread with caution

"Care chief economist Madan Sabnavis has advised India to have a cautious approach at this stage as the trade war could be extended to India as well. President Donald Trump is very unpredictable, and has already indicated that Washington could levy higher tariff on some of the products imported from New Delhi. The Sino... Read more

Trump keeps textile products out of tariff basket

Trump keeps textile products out of tariff basket

"While the Trump administration is slapping tariffs on $50 billion in Chinese imports, it has spared the clothing and footwear industry of China but the news is not a positive one. As per official statement, the actual shirts and shoes imported from China won’t get new tariffs, according to the full list of 1,102... Read more

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India: Cotton bales specification to be included under BIS Act, 2016

The Union textiles ministry has approved a proposal to include the Indian Standard Cotton Bales... Read more

India: Experts slam hike in import duty on textile products

The government has doubled import duty on more than 300 textile products for the second time th... Read more

India doubles import duties on a range of textile products

India has raised import duty on 328 lines of textile products from 10 to 20 per cent. The incre... Read more

Cotton industry asks for tax refunds

Cotton textile exporters want the GST Council to allow accumulated Input Tax Credit (ITC) on fa... Read more

Mexico and Canada optimistic of clinching the NAFTA deal

Mexican and Canadian officials are optimistic of clinching the NAFTA trade deal with the U.S. i... Read more

Cambodia’s garment and footwear exports register robust mid-year growth

As per a report recently released by the National Bank of Cambodia (NBC), the country’s g... Read more

AAFA opposes Trump’s decision to impose tariffs on China imports

American Apparel & Footwear Association (AAFA) President and CEO Rick Helfenbein has oppose... Read more

Kenya to be the next beneficiary of US export window

Experts have hinted that Kenya is likely to be a beneficiary of another US export window that i... Read more

NCTO bats for textiles to be included in the fresh list of import tariffs

The National Council of Textile Organisations (NCTO) has praised the Trump administration&rsquo... Read more

KCA urges the government to waive all taxes and duties on cotton imports

The Karachi Cotton Association has urged the government to waive all duties and taxes on import... Read more

GST Council to refund accumulated credit

The GST Council has decided to refund accumulated credit on account of inverted duty structure ... Read more

EPCH calls for smooth transition of GST

EPCH has regularly been representing to the GST council for the smooth transition of exporters ... Read more

India doubles import duty on textile products

India has doubled the import duty on textile products including carpets, woven fabric, jackets ... Read more

India raises import duties to check imports

India has increased import duties on textile and apparel items. The aim is to protect domestic ... Read more

Tirupur exporters welcome duty hike

Tirupur garment exporters are happy about the increase in basic customs duty from 10 to 20 per ... Read more

Reimbursement of incentives under the Gujarat Textile Policy limits only to…

Reimbursement of incentives under the Gujarat Textile Policy 2012, will be limited to sales wit... Read more

US-China trade war officially takes off

US tariffs on Chinese imports have taken effect. With China having vowed to respond immediately... Read more

Nigeria: MAN urges government to relax textile fund

Manufacturers Association of Nigeria (MAN) has appealed to the Federal government to relax the ... Read more

DIPP to ensure domestic leather promotion

The Department of Industrial Policy and Promotion (DIPP), as a part of the Make in India campai... Read more

Government announces visa exemption for foreign handicraft designers

The handicrafts sector has been exempted from minimum salary condition (Rs 16.25 lakh per annum... Read more

FIASWI demands additional customs duty on imported silk

The Federation of Indian Art Silk Weaving Industry (FIASWI) has sought various duty cuts on man... Read more

PHMA warns government against increase in gas tariffs

Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has warned the government abo... Read more

NCTO wants tariffs on Chinese textiles

American businesses want Chinese textiles to be added to the tariff roster. The National Counci... Read more

The European Union’s retaliatory tariffs against U.S. set to begin soon

The European Union will begin charging a 25 per cent tariff on $3.2 billion of US products from... Read more

As trade war escalates, EU backs tariffs against US

EU countries approved a raft of tariffs targeting US goods including blue jeans, whiskey and mo... Read more

Government to impose anti-dumping duty on a Chinese polyester yarn

The government may impose anti-dumping duty of up to $528 per tonne for 5 years on a Chinese po... Read more

Indian hosiery sector wants ban on cotton exports to rein in prices

Hosiery manufacturers in India want the government to stop any further export of cotton till th... Read more

Israeli manufacturers scrap garments in tax protest

Dozens of clothing manufacturers in Tel Aviv have decided to dump garments them into a pile tha... Read more

Pak industry wants export tax to go

Pakistan’s garment industry wants help in increasing the country’s exports to overc... Read more

Pigment clearance delayed in Pakistan owing to HS codes

The clearance of textile raw material (pigments) has been virtually suspended due to non-feedin... Read more

Government proposes new taxes for garment industry

Bangladesh Garment Manufacturers and Exporters Association have demanded reduced corporate tax ... Read more

Rwanda takes over the tax obligations of exporters

To ensure Rwandan exporters are not significantly affected by the anticipated suspension of dut... Read more

India protests againts US review of its zero duty exports

The Indian government has objected to US decision of reviewing the eligibility of its $5.6 bill... Read more

Centre to revise duty drawback rates in Surat

The central government will depute two members from the duty drawback committee to analyse the ... Read more

APTMA rejects low export package

The Central Executive Committee (CEC) of the All Pakistan Textile Mills Association (APTMA), ha... Read more

NCTO upholds US tariffs on imported apparels

Although majority of business organisations and industry associations such as the American Appa... Read more

US states differ on polyester, microfiber legislation

The proposed polyester legislation from several US states in light of textile microfiber pollut... Read more

Sri Lanka seeks $500 mn apparel trade deal with India

Sri Lanka is hoping to convince India to remove the existing quota system for the apparel indus... Read more

Bangladesh garment manufacturers to pay higher taxes

Ready-made garments (RMG) manufacturers in Bangladesh will henceforth have to pay a higher corp... Read more

Sri Lanka to review FTA with China

Development Strategies and International Trade Minister Malik Samarawickrama has recently state... Read more

Sri Lanka draws up strategy for entry in Chinese markets

Sri Lanka’s Export Development Board (EDB) has drawn up a new entry strategy for the Chin... Read more

Chile and Pakistan close to FTA

Chile and Pakistan may sign a free trade agreement (FTA) within six months. This would enable P... Read more

FTA with the EU could benefit the Philippines

FTA negotiations between EU and the Philippines aim at eliminating or reducing tariff and non-t... Read more

China willing to meet US half way

China is willing to expand imports from the US if the US is willing to meet it half way in trad... Read more

Bangladesh source tax hiked

Apparel exporters in Bangladesh have to pay one per cent tax at source in the 2018-19 fiscal, i... Read more

Tirupur fears repo hike will hit exports

Exporters of Tirupur are apprehensive that the 25 basis points hike in the repo rate will have ... Read more

Cambodia wants a bigger presence in EAEU

Cambodia wants the Eurasian Economic Union (EAEU) to include more Cambodian products like garme... Read more

Pak cotton imports face customs duty again

Pakistan has reimposed customs duty on cotton imports. The aim is to maintain stability in cott... Read more

Canada and the EU retaliate

US textile exports are now facing retaliatory tariffs from Canada and the European Union. This ... Read more

Trade war intensifies moving closer to June 15

In response to President Donald Trump removal of the exemptions, from additional tariffs on ste... Read more

India to request US to renew the GSP scheme

India plans to request the United States to quickly renew the generalised system of preferences... Read more