Citing the fallout from the pandemic and a subsequent decline in gross domestic product (GDP), the Indonesian government has decided to impose a safeguard tax to help the nation’s apparel industry.
The duty will range from 44 cents to USD 11.29 per piece on ready-made apparels
On February 28, 2021, the Peruvian National Competition and Intellectual Property Protection Agency’s Committee on Dumping, Subsidies and Nontariff trade barriers issued a notice stating that since the 100 percent polyester fabric originating in China did not cause material damage to Peru’
Looking back at the production and operation of China’s cotton textile industry in 2020, in the period of anti-pandemic and the resumption of production, the domestic consumer market demand is gradually recovering, and the negative impact of the pandemic on the production and operation of
Apparel export of UK declined in the second quarter of 2020, especially in April. The export in April 2020 was USD 333.85 million which plunged 55.85 percent from USD 756.13 million in January 2020 as clothing was the worst hit sector by the COVID-19 pandemic in this period. The extended
Four consecutive months of rise in export to the U.S. indicate strong recovery in trade: Indian Embassy in Washington DC
India’s exports to the U.S. — the country’s largest outbound destination for goods — suffered a blow due to the COVID-19 pandemic in calendar year 2020 with
China became the main trade partner of the European Union (EU) in 2020, with exports and imports both increasing despite the COVID-19 pandemic, Eurostat said.
According to the EU’s statistical service, the bloc’s imports from China throughout the year 2020 grew by 5.6 percen