Sustainable cotton consultancy Cotton Connect’s new impact report describes how its family of cotton programs achieved positive results in 2023-2024.
The London-based consultancy helps global brands source more fairly and sustainably by creating more robust, resilient and successful raw material supply chains. Part of this effort includes programs including REEL Cotton, REEL Regenerative, the Organic Cotton Farmer Training Program and the Regenerative Organic Program. The report showed how these programs, which trained 452,321 farmers during the period, resulted in a positive reduction in inputs affecting soil health...
Global equities tumble as US tariffs push investors to safe assets
Global stocks have fallen sharply and the US dollar hit a six-month low after Donald Trump unveiled sweeping tariffs against America’s global trade partners in a move that is expected to upend supply chains and cause economic turmoil.
European markets opened lower on Thursday after a sharp sell-off across Asia and US futures signalled similar falls when Wall Street opens.
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Dollar near 6-month low after Trump tariff announcement
The dollar fell to a near six-month low after President Trump announced sweeping tariffs on U.S. trading partners.
The new tariffs include a baseline duty o...
India eyes US tariff relief with ‘zero-for-zero’ tax policy
The US government's decision to impose tariffs on all imports is set to benefit India’s textile industry, as competitors like Vietnam, Bangladesh, and China face relatively higher tariff rates. Experts in India suggest that the country's textile exports could gain a competitive advantage in the US market.
As per President Donald Trump’s tariff announcement, Vietnam’...
US fashion industry too decries ‘Worst Offender’ tariffs
This action will particularly affect American fashion brands and retailers. Some of the major suppliers for U.S. imports and the major customers for U.S. exports are targeted with the substanti...
Experts warn of fallout if tariff issues remain unaddressed
The recent decision by the Trump administration to impose new reciprocal tariffs has sparked significant concerns among experts and stakeholders in Bangladesh.
According to Zahid Hussain, former lead economist at the World Bank’s Dhaka Office, this move is expected to result in an economic downturn in the United States by increasing prices and reducing consumers’ purchasing power. He cautioned t...
