US apparel sector braces for potential cost hikes

By Ed Zwirn

(Published on Feb. 15 2017 in Just-Style.com)

Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade

The Border Adjustment Tax could raise prices by as much as 20%

deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector is bracing itself for even greater cost increases to come. Continue reading

Asia’s textile and apparel exporters await impact of bilateral FTAs

By Ed Zwirn, Jens Kastner 31 January 2017 (Read in WTIN.com)

asia-flags-app-leaderAs US President Donald Trump pulled America out of the Trans-Pacific Partnership (TPP) on 23 January with an executive order, he signalled he will instead ask Asian TPP members for bilateral free trade agreements (FTAs). This includes countries such as Vietnam that rely on apparel and textile exports. The TPP was also to have included Canada, Mexico, Japan, Australia, New Zealand, Chile, Peru, Malaysia, Singapore and Brunei.

But it is unclear whether there will be much enthusiasm among these former TPP partners for straight one-on-one trade deals with the US. Continue reading

TPP is not going to happen in a Trump administration

By Ed Zwirn

Just-Style.com, Nov. 10, 2016

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International trade deals, particularly the Trans-Pacific Partnership (TPP), may fall by the wayside following the surprise victory of Republican Donald Trump for the U.S. presidency, participants at the 28th Apparel Importers Trade & Transportation Conference warned yesterday (9 November).  Continue reading