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Madagascar’s textile industry could lose 60,000 jobs due to a new 47% U.S. tariff. This sector, vital to the economy, employs 180,000 people and contributes significantly to GDP. Concerns are …
Madagascar Faces Job Losses Amidst New U.S. Tariffs on Textiles Read More
Businesses in India and Bangladesh are preparing for challenges as both countries impose trade restrictions to retaliate against one another amidst escalating tensions. Bangladesh recently limited cotton yarn imports from …
Businesses Brace for Impact as India and Bangladesh Impose Trade Restrictions Read More
Apple is planning to expand manufacturing in Brazil to mitigate U.S. tariffs on imports from China and India. The initiative aims to avoid higher costs for consumers and leverage lower …
Apple Considers Manufacturing Expansion in Brazil to Mitigate U.S. Tariffs Read More
Apple Inc. is considering expanding its Foxconn factory in Brazil to counter rising production costs due to new U.S. tariffs on suppliers in China and India. The Jundiai facility currently …
Apple Considers Expanding Brazilian Factory to Mitigate Tariffs Read More
President Donald Trump has announced a new 37% tariff on Bangladeshi imports, more than doubling the previous average of 15%. This move affects the largest market for Bangladesh’s readymade garments, …
Trump Implements 37% Tariff on Bangladeshi Goods Amid Trade Tensions Read More
The White House states that India’s rigorous testing creates high costs for U.S. businesses, hindering exports which could rise by $5.3 billion yearly if barriers are removed. An executive order …
U.S. Imposes Reciprocal Tariffs on India to Address Trade Imbalance Read More
JBS has announced a $100 million investment to build two factories in Vietnam, aiming to enhance its market presence and contribute to local economic development. The project, formalized with the …
JBS Announces $100 Million Investment in Vietnam for Global Expansion Read More
In 2023, Kenya imported mitumba worth $298 million, becoming Africa’s largest second-hand clothing importer, surpassing Nigeria. This growth stems from rising demand and policy changes, including the elimination of key …
Kenya Emerges as Africa’s Leading Mitumba Importer Amid Rising Demand Read More
Assoc. Prof. Dr. Nguyen Dang Bang from the University of Cambridge highlights Vietnam’s potential for technological advancement driven by a young and skilled workforce, economic growth, and modern infrastructure. He …
Vietnam Positioned for Technological Advancement: Insights from a Cambridge Expert Read More
Peru’s investigation into China’s steel dumping practices seeks to protect its local market from unfair competition. Evidence shows substantial harm to local industries, with producers reporting drastic drops in production …
Peru Launches Investigation into Chinese Steel Dumping Practices Read More