Textiles exporters face fresh trade uncertainty amid Trump's latest announcements
Tuesday, 8 July 2025 () New US tariffs have created market uncertainty, potentially benefiting Indian textile exporters over Bangladesh. However, concerns remain about competition from China and the need for government support. Industry seeks zero duty on key exports, hoping a trade deal with the US will improve competitiveness, especially in synthetic garments, despite existing cost disadvantages and capacity limitations.
In a major breakthrough just days before the July 9 deadline, Pakistan and the United States have reached an understanding on a crucial trade and tariff agreement. Led by Commerce Secretary Jawad Paal, the Pakistani delegation held four days of negotiations in Washington aimed at avoiding the...