Tariffs news and archive

Detroit's Shinola debuts first brand campaign as Swiss rivals navigate a volatile year

As Swiss watch brands contend with a reshaped US tariff regime and supply disruptions stemming from the conflict in the Middle East, Detroit-based Shinola is making its most ambitious brand statement to date. On Tuesday, the company unveiled its first-ever overarching brand campaign, "Set The Pace," reintroducing the Runwell, the watch that...

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Tariffs: US government repays over 81 billion dollars

Following a landmark Supreme Court ruling, the US government under President Donald Trump has repaid billions in tariffs. A total of approximately 81.3 billion dollars was refunded from October 2025 to the end of June, according to data from the Treasury Department. In the same period last year, the sum was just under 5.3 billion dollars....

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NCTO pushes for tougher forced-labor tariffs in USTR Section 301 investigation

The National Council of Textile Organizations (NCTO), a Washington, DC-based trade association that represents the full breadth of the US textile industry, has offered recommendations in the US Trade Representative’s (USTR) ongoing Section 301 investigations, calling for new tariffs on apparel imports from countries at risk of forced labour in...

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How current tariffs are impacting garment manufacturing and employment in Bangladesh, Vietnam and India

A series of escalating tariff regimes—most notably a universal 10 to 15 percent tariff implemented by the US—is triggering a massive reshuffling of global apparel sourcing. In addition, the US Trade Representative (USTR) launched a sweeping Section 301 investigation into forced labour compliance, threatening an additional 10 to 12.5 percent...

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China imposes export controls on ten US companies

Beijing - China imposed export controls on ten US companies, including some from the defence and rare earth mining sectors, Beijing reported on Monday. It also banned dozens of US companies from participating in public procurement, in response to a Washington blacklist of Chinese firms. The measures were adopted one month after US president...

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New US tariffs loom for economies failing to prevent forced labour goods

The US has threatened 60 economies with new tariffs for failing to prevent imports of products made with alleged forced labour or for inadequately enforcing existing import bans. The Office of the US Trade Representative announced this late on Tuesday evening (local time). Consequently, the European Union (EU), the UK and Switzerland, as well as...

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Nike facing class action lawsuit over tariff refund allegations

Sportswear giant Nike is at the centre of a consumer-fronted class action lawsuit over allegations that it was withholding refunds on tariffs and raising prices. In the lawsuit, filed with the US district court in Oregon, consumers claimed that Nike could "recover the same tariff payments twice – once from consumers through higher prices and...

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CBP launches new tool for consolidated duty refunds

US Customs and Border Protection (CBP) has launched the first phase of its new refund system for duties collected under the International Emergency Economic Powers Act (IEEPA), introducing the Consolidated Administration and Processing of Entries (CAPE) tool. Now live via the Automated Commercial Environment (ACE) portal, CAPE allows importers...

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One year of 'Liberation Day': where Trump's tariff plans stand today

When Donald Trump issued an invitation to the White House Rose Garden exactly one year ago, it was already clear to many that something significant was coming. The topic was to be tariffs, “unfair trade” and the American economy. The US president celebrated it as “Liberation Day”. In Germany, the EU and other parts of the world, however, his...

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Pandora opens new distribution centre in Canada

Danish jewellery brand Pandora has opened a new distribution centre in Canada to strengthen its operations in the region, a move aimed at minimising the company’s exposure to US tariffs. The new online distribution centre in Mississauga, Ontario, Canada, will handle Pandora’s growing Canadian online business, as the country has emerged as one of...

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The tariff trap: Why Lesotho’s “reciprocal" duties hand advantage to regional rivals

Lesotho’s garment industry, once a beacon of industrial growth in Southern Africa, is facing a collapse that unions describe as a “gendered supply chain shock.” Following the US administration’s imposition of “reciprocal” tariffs — which reached as high as 50 percent before settling at a 15 percent surcharge — the mountain kingdom’s largest...

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US court orders refunds on IEEPA tariffs

A US court has ruled for businesses to receive refunds on billions of dollars in emergency tariffs after the Supreme Court determined last month that they were wrongfully imposed. The US Court of International Trade has ordered Customs and Border Protection (CBP) to issue refunds on levies President Donald Trump had introduced last year via the...