Trade War
US and China sign new deal
Representatives from the two countries have signed an agreement aimed at easing a trade war that has disturbed the global markets and is impacting the global economy. However, many fear this won't stop the tensions
US-China trade deal reached
The US announced an agreement on a "phase one" trade deal with China on Friday, 13th of December
AAFA remains concerned with tariffs war
Despite the announcement by the Trump Administration to pause tariff rate increases, the American Apparel & Footwear Association remains concerned
US is the main destination of Brazilian footwear exports
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018
Brazil grows exports to the US
According to Abicalçados 9.47 million pairs of Brazilian shoes were sold abroad in August, 7.4% more than in the same month of 2018. The US is the main destination for Brazilian exports
China to take the US tariffs case to WTO
The new tariffs imposed by Washington came into effect Sunday. Now, Reuters reported China officially complained to the World Trade Organisation (WTO)
Footwear companies write to President Trump
Over 200 American footwear companies came together and sent a letter to President Trump asking that he cancels his proposed higher taxes on footwear coming from China
Trump announces new tariffs
President Trump announced increased tariffs on another set of goods from China. This is the US response to China’s promise to tariff 75 billion US dollars worth of American goods if Trump pressed forward with his planned tariffs
US-China trade war is already impacting the industry
The year 2018 was marked by positive dynamics, but the US-China trade war is already impacting the numbers. More information about the Footwear Industry in 2018 is available within the World Footwear Yearbook 2019
Tariffs on footwear delayed to December
The US-China trade war has a new chapter. After Mr Trump announced added tariffs of 10% on the remaining 300 billion US dollars in goods from China, now their application on certain footwear items is delayed to December
Weyco with mixed quarter results
The Wilwaukee-based group announced financial results for the quarter ended on the 30th of June 2019. Net sales for the period down by 1%
Lefaso: Vietnam is already taking advantage of the US-China trade war
As the trade war between the two countries enters a new chapter, the worldfootwear.com spoke to Nguyen Duc Thuan, Chairman of Lefaso, the Vietnamese footwear association, to discuss this and other hot topics of the industry
President Trump announces more tariffs
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China
China's GDP growth slows to 27-years low
The economic growth of the Asian giant slowed to 6.2% in the second quarter of the fiscal year, reflecting the weakest pace in the last decades. The US-China trade war is starting to pressure economic growth, analysts say
The treaty with the greatest global impact
The Treaty of Tordesillas was signed 5 centuries ago, in the Spanish city with the same name and divided the world - discovered and undiscovered - in two parts, giving the exploitation rights to Portugal and Spain-
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