USA news and archive

US to reinstate duty-free benefits for Guatemala and El Salvador imports

The US government has confirmed plans to reinstate duty-free treatment for qualified textile and apparel goods from Guatemala and El Salvador as part of the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR). In order to reestablish the agreement, both regions were required to commit to a number of changes regarding...

Retail

Why 25 percent of new European openings are American: Europe, a post-pandemic US hub

Retailers from the US and North America now account for a quarter of new European openings. Amid a slowdown in the domestic market and new trade conditions, the continent is once again becoming a growth area for the US. A shift confirmed by Savills and WWD According to a study by Savills, reported by WWD on November 3, 2025, American brands...

Member

Business

US government suspends additional tariffs on China until end of 2026

The US will not implement its threatened retaliatory tariffs on Chinese imports until at least November 10, 2026. This is according to a White House summary of the results of the meeting between US president Donald Trump and Chinese president Xi Jinping in South Korea. The current retaliatory tariff of 10 percent will remain in effect, the US...

Featured

Retail

Inditex's Zara launches first standalone menswear boutique in the US

Madrid – Zara, the Inditex group's leading fashion chain by turnover, has just opened its first store in the US dedicated exclusively to menswear. This opening follows the store model and curated shopping experience presented by the chain in Madrid just over a year ago, albeit with some nuances. The company is relaunching a format it seemed to...

Featured

Retail

Textiles: Why Korean giant Sae-A is betting on nearshoring in El Salvador and the US

By bringing its production closer to the US market, the group is focusing on responsiveness and logistical control, while reducing its dependence on Asian supply chains. The move is indicative of a broader shift. The global textile industry is refocusing on proximity and industrial resilience. Global player consolidating its regional base...

Member

Business

Following meeting with Trump: Xi warns of disrupted supply chains

Following a meeting with US president Donald Trump, China's head of state and party, Xi Jinping, has warned of a breakdown in supply chains. To drive economic growth, the stability of industrial and supply chains must be guaranteed, Xi said at the summit of heads of state and government of the Asia-Pacific Economic Cooperation (APEC) in...

Member

Business

Trump: new tariff on Chinese imports is economically untenable

According to US President Donald Trump, the new tariffs he has threatened against China are economically unsustainable. When asked if the cumulative total tariff rate of 157 percent is sustainable for the economy and what it would mean, he said: “That is not sustainable, but that is the figure.” Trump continued in an interview with US television...

Retail

Nude Project opens first US pop-up to 'surprising' reception

Madrid – Nude Project, the fashion brand founded in 2019 by young Spanish entrepreneurs Bruno Casanovas and Alex Benlloch, has reached a new milestone with the opening of its first physical retail space in America. The store, now open to the public in Miami, clearly signals the brand's ambition to expand across the region, beginning with the...

Retail

US-Africa AGOA agreement on the line: What is the future for African textiles?

The African Growth and Opportunity Act (AGOA) has been a cornerstone of trade relations between the US and sub-Saharan Africa since its adoption in 2000. This agreement offers preferential access to the US market for nearly 7,000 products, including textiles and apparel, provided that beneficiary countries meet strict political and economic...

Member

Business

EU-US agreement: a deal stabilising transatlantic trade despite differences

Despite persistent tensions, the framework agreement signed in July 2025 between the European Union and the United States marks a turning point in the perception of American companies based in Europe. According to the latest survey by the American Chamber of Commerce to the European Union (AmCham EU), published at the end of September, the sense...

Member

Business

Media: Trump appeals to Supreme Court in tariff dispute

President Donald Trump has appealed to the Supreme Court to challenge an appeals court ruling that stripped him of the authority to impose extensive import tariffs under an emergency law. On Wednesday, his administration filed an appeal and requested an expedited procedure, urging the court to announce by September 10 whether it will take up the...

Member

Business

US economy shows stronger than expected growth in spring

The US economy grew more strongly than expected in the spring. In the second quarter, gross domestic product (GDP) rose by an annualised 3 percent compared to the previous quarter, according to initial estimates released by the Department of Commerce in Washington on Wednesday. Economists had on average only expected an increase of 2.6 percent....