President Trump and President Xi agreed Saturday to hold off on imposing new tariffs and continue trade negotiations, after meeting on the occasion of the G-20 Summit in Osaka
President Trump and President Xi are expected to meet this Saturday in Osaka (Japan) during the G-20 Summit and the international trade topic is hot on the agenda
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China
Notwithstanding the good performance of leather footwear exports, the leather industry as a whole registered a decline of 8.69% in revenue in the first 10 months of the year. The industry is below the target set for exports
According to the Council for Leather Exports in the first 10 months of the fiscal year exports of leather footwear increased by roughly 1%. Exports of the overall leather industry are declining
US-based footwear companies have signed a letter urging President Donald Trump to remove footwear from his latest tranche of tariffs to be applied to Chinese-made products
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
In the first nine months of the current financial year, exports revenue of the leather industry in Bangladesh declined by 9%, reaching just over 770 million US dollars
According to Abicalçados the exports performance in the first quarter was positive, with increases in value and quantity. However, a decline in exports in both pairs and US dollars was registered in March
The Indonesia Footwear Creative Competition (IFCC) is an initiative by the Indonesian Footwear Industry Development Center (BPIPI). The IFCC aims to set itself as a benchmark creative event in the field of footwear
At least this is the belief of the local Industry Minister Airlangga Hartarto, who is optimistic about the performance of Indonesia's footwear exports in the coming years
Manfred Junkert, Managing Director of the Federal Association of the German Footwear and Leather Goods Industry, spoke about the drop in foreign business in 2018 and the industry's cautious optimism for the future
The Asian country continues to step up its footwear exports, while it absorbs some of the business moving away from China. In 2018 Vietnam's exports crossed the 16 million US dollars threshold and growth reached double digit