Blog: Leonie BarrieFollow the leader?

Leonie Barrie | 25 January 2005

The EU’s decision to fast-track its new GSP tariff system so that tsunami-hit countries such as Sri Lanka get improved access to EU markets shows how trade rather than aid can – and should – offer a lifeline to struggling economies. But is the US likely to follow the EU’s example? The EU buys around $1,035 billion worth of textile products from Sri Lanka whereas US imports are valued at $1,398 billion and carry tariffs averaging 30 per cent.

Despite calls from US apparel makers, non-governmental organisations and even an admission from the office of the US Trade Representative that several “trade initiatives” are under discussion, nothing has so far been forthcoming. The US textile lobbyists are up in arms, claiming their struggling industry will be damaged even further. But better tax treatment for countries like Sri Lanka will also hurt China – US textile makers’ great enemy – and provides a great opportunity for the real textile industry to show it's not a bunch of protectionists.


BLOG

Likely shifts in the sourcing landscape in 2017

Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...

BLOG

Trump trade policies and China tensions top concerns

This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects...

BLOG

Happy New Year – and a first look at 2017

Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year....

BLOG

New re:source to help unravel sourcing decisions

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufactu...

just-style homepage



Forgot your password?