Trade
US-China phase one trade deal announced
As part of the deal, the tariffs on the first 250 billion US dollars in trade will not increase to 30% on Tuesday as planned
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
Bangladesh: exports performance above target set
The country’s leather industry registered a total of 106.10 million US dollars’ worth of exporting revenue in the first month of the new financial year. The target set was exceeded
Pakistan with double-digit growth in exports
The Asian country started a new financial year with a positive performance for its footwear exports. Double digit increase in volume and value was registered
Sales increase for the German footwear industry
In the first half of 2019 sales in the German footwear industry increased by 2.8%, as the overall sales of footwear manufacturers reached 1.60 billion euros, compared to similar period in 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
Consumption: continental convergence still distant
Despite all the movements registered in the international markets in the last few years, perfect convergence between continents' consumption is still distant. Information is from the World Footwear Yearbook 2019
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
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
Columbia Sportswear reacts to Trump's announcement
Yesterday Tim Boyle, President & CEO of Columbia Sportswear Company, issued a statement commenting on the Trump Administration's Proposed Tariff increase on imported goods from China
Indian exports reach 5.69 billion US dollars
India’s export of leather and leather products for the last financial year reached 5 691.00 million US dollars, compared to 5 740.97 million US dollars in the previous year. This represents a small decline of 0.87%Media Partners
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