3rd February 2017
High-minded idealism is confusing buyers as much as the new nationalism
Seemingly endless January trade-related government announcements in the US and UK lacked a single detail businesses could use for planning. So did other government plans just as potentially disruptive to...
15th January 2017
Trump abandons China “currency manipulation” promise
Donald Trump announced on January 14 his abandonment of a central campaign pledge about China. On October 22, he promised that on his first day in office he would instruct...
4th January 2017
Why did industry forecasters miss 2016’s biggest story?
I think the biggest event of 2016 for our industry was the outright opposition to international trade on which America’s Republican Party campaigned successfully in the Congressional elections. Most people...
20th December 2016
The so-far obscure US tax proposal threatening all American apparel importers.
It’s a safe bet that few readers have paid much attention to the idea of “destination-based” profit taxes. They need to start doing so: right now. Till now, an idea...
1st December 2016
Trump Treasury nominee casts doubt on Trump’s China policy
Steven Mnuchin, Donald Trump's nominee as Secretary of the US Treasury, expressed disagreement with Trump's promised China trade policy immediately after his nomination announcement. The nominations of Mnuchin, formerly a Goldman...
22nd November 2016
Trumps confirms TPP withdrawal – but silent on renegotiating NAFTA or branding China a “currency manipulator”
A November 21 video by Donald Trump seems to be backtracking on trade commitments made just four weeks earlier. We have now republished Trump's October 22 plan, and will update...
17th November 2016
Trade with China. Triumph of hope over experience?
The British Brexit debate, and the aftermath of Trump's election, are bringing out widely contrasting views of China as a business partner. Some are hopelessly naive. British hope One of...
17th November 2016
US Congressional committee claims China “violates the spirit and the letter of its international trade obligations”
A US Congressional committee prepared a report before the November 8 elections savagely attacking China's good faith as a trading partner. The US-China Economic and Security Review Commission (composed only of...
13th November 2016
Trump’s global trade policy: act like a New York garmento
The developed world depends almost entirely on imports from poorer countries for its clothing. The world's biggest apparel importer looks certain to transform its attitude to importing that apparel Since...