China’s Fast-Fashion Capital Slows Down Under Trump’s Trade War Garment factories in Guangzhou, often hailed as China’s fast-fashion capital, are currently facing turbulent times as they navigate through a storm of geopolitical and economic challenges, primarily catalyzed by the ongoing trade tensions between the United States and China. The reverberations of this conflict have significantly […]
Relief in Southeast Asia As Trump’s Tariffs Level Playing Field
Relief in Southeast Asia As Trump’s Tariffs Level Playing Field The global economy has been experiencing some turbulence lately, particularly in Southeast Asia, where major garment producers like Vietnam and Cambodia have been anxiously awaiting the outcome of the trade war between the United States and China. The uncertainty caused by escalating tariffs has cast […]
Crunch Time for South Asia’s Fashion Manufacturers
Crunch Time for South Asia’s Fashion Manufacturers Factory owners and garment workers in countries like India, Bangladesh, and Sri Lanka are facing a challenging period as their governments work frantically to secure trade deals amidst the looming threat of increased tariffs from the United States. President Donald Trump’s unpredictable timeline for imposing tariffs has left […]
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India The global economy is a complex web of interconnected markets, where decisions made in one part of the world can have far-reaching consequences for others. Recently, the imposition of a 37 percent tariff on garment imports by the Trump administration has sent shockwaves […]