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US 2016 apparel imports fall in spite of year-end spurt. Price falls accelerated

US apparel imports (in square metres) grew 3.4% in December 2016 over December 2015, though falls in the previous six months a 2016 annual fall of 1.1%.

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Jilted TPP partners divided over response

The eleven countries abandoned by the US when it left the Trans Pacific Partnership on January 23 appear seriously divided about what to do next. Beijing continues to suggest their best response is a completely different arrangement centred on China.

Chinese apparel making costs duck national trend as US prices tumble

Though the world’s business press reported in mid-January that Chinese manufacturing costs grew sharply in December 2016, costs for Chinese apparel and textile makers grew far less. In November 2016 – the latest data available – the price per square metre of Chinese apparel arriving in the US was 9.1% lower than a year earlier.

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Trumps confirms TPP withdrawal – but silent on renegotiating NAFTA or branding China a “currency manipulator”

A November 21 video by Donald Trump seems to be backtracking on trade commitments made just four weeks earlier.

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