Top stories this week on just-style were dominated by news regarding US President Donald Trump. These include an updated timeline of the President’s key trade milestones, his claim that Canadians are smuggling shoes across the border to avoid paying tariffs, and the threat of additional tariffs on $200bn of Chinese goods if China “refuses to change its practices.”
China cotton futures purchases add to market uncertainty
Cotton industry analysts say the clothing industry should not overreact to a major hike in Chinese cotton futures contracts after years of stockpiling the fibre by China buyers – even though they accept market uncertainty has been driving up prices.
New Cambodia minimum wage law edges closer
Cambodia’s newly adopted national draft minimum wage law will not harm the country’s garment and textile sector because it “formalises what the industry has been doing for the past four years,” just-style has been told.
Timeline – Trump’s track record on trade – Update
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataSince President Donald Trump took office in January 2017, his administration has been busy fulfilling major campaign promises on trade policy – much to the concern of US fashion brands and apparel retailers. To keep abreast of developments, Dr Sheng Lu, assistant professor in the Department of Fashion and Apparel Studies at the University of Delaware, has compiled a timeline of all the key milestones.
Trump claims Canadians smuggle shoes to avoid tariffs
The US footwear industry’s business and trade association has issued a strongly worded response to President Donald Trump’s allegation that Canadians are smuggling shoes across the border to avoid paying tariffs.
Trump threatens China with new $200bn import tariffs
The US has escalated its trade threats to China after President Trump said he is considering tariffs on an additional $200bn of Chinese goods if China “refuses to change its practices.”
