KYG Trade will support USFIA members with educational programs, custom management, supply chain transparency and the practical use of AI.
USFIA and KYG Trade hope the partnership will help educate the fashion industry about emerging trade challenges as well as the growing role of AI in global trade management.
KYG Trade’s platform provides AI solutions for trade compliance, tariff optimisation, forced labour compliance, free trade agreement qualification, product classification and other trade functions.
“USFIA is excited to welcome KYG Trade as our AI Partner,” commented Julia K Hughes, USFIA’s president.
“With today’s ever-changing tariffs and trade policy, brands and retailers are looking for innovative tools that can help them respond quickly and confidently. KYG Trade's expertise in AI-assisted trade management will provide valuable insights and resources to companies throughout the fashion industry.”
Earlier this summer, the US Trade Department accused 60 countries of failing to tackle forced labour. It said the US plans to impose 10-12.5% tariffs on major apparel trade partners including China, Vietnam, Bangladesh and India.
“We are proud to partner with USFIA and support its members as they navigate the landscape of trade tech solutions for the volatile global trade landscape,” added Todd R Smith, founder and CEO of KYG Trade.
“We hope to make a material contribution to USFIA members’ understanding of the technology and AI solutions now available. Members will get our support to leverage AI and trade intelligence to reduce risk, uncover opportunities, and build more resilient sourcing strategies.”
