Tag Archives: Trade war

There are growing signs that a trade war is possible, and that the multilateral trading system may not be able to prevent it.

Donald Trump has levied sanctions against $50 billion worth of Chinese goods and threatened to implement $100 billion more on a variety of products — but absent from any of those sanctions would be the clothes that Ivanka Trump’s fashion line manufactures in China.

The Trump administration’s trade dispute with Beijing could slam U.S. retailers if tariffs are implemented and lead to higher prices or a shortage of merchandise.

Any sharp escalation of the US-China trade war is likely to drag down global trade growth and hurt India, although in its present form, the face-off between the world’s two largest economies may not jeopardise the country’s export prospects, trade analysts said on Friday.

Looming global trade war may affect Bangladesh’s economy and trade particularly exports as the US administration under president Donald Trump is planning to impose additional tariffs on apparel imports.

The U.S. apparel and footwear industry on Tuesday joined the growing list of opponents in corporate America to the sweeping tariffs that President Donald Trump is expected to impose this week on goods imported from China.

Though President Trump has threatened to impose tariffs on steel and aluminum and trading partners have alluded to retaliation on items like Levi’s jeans, textile and apparel imports to the U.S. are on the upswing for, increasing 2.6% to 5.61 billion square meter equivalents (SME) in January over a year earlier.