Just In refers to apparel sourcing stories in other media.
We have not yet checked these stories, or assessed their implications for the global garment trade. Some will turn into our news stories: others just stay here for later reference.
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The South African government announced on April 6 its approval of R4.9 billion ($355 mn) for the clothing and textile sector “to create and save jobs” – but warned it would impose more protectionist pressure on buyers.
A late March Report from the office of the US Trade Representative gives an extraordinary insight into the self-centred paranoia of the current US Administration.
Donald Trump has now approached Democrats for support in introducing border taxes, the Rupert Murdoch-owned The Times claimed on March 30. But Commerce Secretary Wilbur Ross said on March 31 that Trump’s still undecided.
The UK House of Commons Select Committee on the Treasury has now published the correspondence revealing why it talks about its “collapse in confidence in the successful implementation of the Customs Declaration System” essential to UK apparel imports continuing after Brexit.
Donald Trump will sign during March 31 two Executive Orders
Activists continue to investigate what lies behind the Trump Administration’s inactivity over its promises on China.
The French Constitutional Council ordered a full investigation into the EU-Canada free trade deal on March 22, indicating its findings were unlikely before the summer. This means after the French presidential elections
Tadashi Yanai, chairman and president of Fast Retailing, said on March 28 that there is “no chance” of US production for the company – probably the first time any Top 20 global apparel retailer has come out and denied the possibility of US production.
Sae-A, the Korea-headquartered global rival to China’s Dishang Group as the world’s largest independent apparel exporter, revealed in a press release about its philanthropy that it now has 10,000 employees in Haiti, where it first opened in 2012.
Indian media reported on March 26 that its non-performing Textiles Policy, which has turned India’s apparel exports into some of the fastest-declining in the world, is being tweaked to “boost the growth of the handicraft sector.”
If the US Adminstration ever starts doing anything about its trade ideas, Democrats are beginning to produce ideas for how they might influence policy.
Northern Ireland would have the right to join the EU automatically as part of the Irish Republic if a all-Ireland poll won majority support for Irish union, the British government has said.
“We will continue with tax reform,” said Paul Ryan, Republican Speaker of the US House of Representatives at a March 24 press conference after the Republicans had lost their attempt at repealing the Obama-era healthcare system. “I spoke with the president, the Treasury secretary, his economic advisers earlier today about tax reform. So we are going to proceed with tax reform.”
Reports in the specialist global trade press on March 22 indicated that the US Senate will not accept notice of the start of NAFTA renegotiations until President Trump’s US Trade Representative (USTR) nominee, Robert Lighthizer, has been confirmed.
The chief negotiator of the Regional Comprehensive Economic Partnership (RCEP), admitted on March 22 that just ten per cent of issues had been agreed – six years after talks started, and just nine months before full agreement has been promised.