Trade
India increases tariffs on US goods
India has imposed higher customs duties on a range of goods coming from the US, effective from last Sunday. This comes as a response to similar measures taken by the US
Crocs to reduce sourcing from China
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
Bangladesh: leather industry below exports target
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
India’s leather footwear exports up by 1%
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
Footwear industry leaders joined forces against tariffs
Last week, the leaders of 5 industry associations in the US signed a letter addressed to President Trump, opposing the proposed tariffs on shoes and other accessories coming from China
200 shoe companies send Mr Trump a letter
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
Egypt extends fees on crust leather exports
Trade and Industry Minister Amr Nassar has extended fees on crust leather exports for one year more, starting on this month
The new chapter of the US-China trade war
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
Where do shoes come from?
The recent developments on the trade war US-China made us look into the trade relations of both countries in terms of footwear and curious conclusions about consumption in each of the markets arose. Check them here
Rise in fake goods trading
Trade in counterfeit and pirated goods has risen steadily in the last few years and now stands at 3.3% of global trade, according to a new report by the OECD and the EU’s Intellectual Property Office
Japanese footwear imports consolidate growth
In 2018 imports of footwear by the Asian country grew by 2.8% in quantity and 3.9% in value. Japan is the 4th largest importer of footwear and the 6th largest consumer market for footwear
Vietnam: footwear exports up by 10.5%
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
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