USA news and archive

UK and US strike up trade deal: What to know

The US and the UK have struck up a trade agreement during what government officials say is a “historic day” that aims to “boost trade between and across our countries”. In the Oval Office, US president Donald Trump was joined via phone by UK prime minister Keir Starmer for a press conference announcing the new deal. With it, according to Trump,...

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Trump announces ‘significant’ trade agreement

US President Donald Trump announced a “significant” trade agreement with a “large and highly respected country”. He announced via his online platform, Truth Social, that there would be a press conference on Thursday morning (local time). The Republican did not disclose which country it was, but reports suggest it is the UK. A British government...

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The White House sharply criticises Amazon

The White House on Tuesday slammed Amazon over reports it would soon tell consumers how much US President Donald Trump's tariffs have contributed to the price tag on its goods. "This is a hostile and political act by Amazon," Press Secretary Karoline Leavitt told reporters during a briefing in Washington. "Why didn't Amazon do this when the...

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DHL resumes delivery of certain parcels in the US

The logistics group DHL is ending a delivery stop in the US that applied to valuable parcels. The company, based in Bonn, announced that there had been constructive discussions with the US customs authorities and other agencies to optimise customs regulations. This concerned parcels whose value exceeds 800 dollars and are intended for private...

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Trump bumps up tariffs on Chinese imports to 245 percent

US president Donald Trump has once again bumped up tariffs on Chinese imports. In the latest update from the White House, the Trump administration now said “China faces up to a 245 percent tariff on imports to the US as a result of its retaliatory actions”. This includes a 125 percent reciprocal tariff, a 20 percent tariff to address the...

Fashion

Uniform-inspired womenswear: Batakovic brings Belgrade chic to New York

Batakovic Belgrade focuses on uniform-inspired womenswear and fabrics from Loro Piana. With this, the Serbian luxury brand now wants to inspire New Yorkers as well. The brand plays with various uniforms that founder Ivana Batakovic has always been fascinated by, she says in an interview with FashionUnited. She translates the associated aura of...

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What do the European import tariffs on American products mean for the fashion industry?

Trade relations between the European Union and the US have become more complex since President Donald Trump re-launched import tariffs. In retaliation, on March 12, the EU launched its own import tariffs to protect European businesses, workers, and consumers from the consequences of unjustified trade restrictions. These so-called ‘retaliatory...

People

Spanish jewelry firm Tous launches offensive in the US, names General Manager for the country

Madrid – As part of the implementation process of its new medium-term strategic plan, “GEM”, the Spanish multinational jewelry firm Tous has just officially launched a new and decisive offensive for the company’s growth in the United States, with the appointment of its first general manager for the country. A position that will be filled by...

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U.S. tariff crackdown hits Chinese fast fashion giants

Chinese fast fashion giants Shein and Temu are facing declining sales in the U.S. following Donald Trump’s renewed tariff measures targeting Chinese imports. Sales have dropped 16 percent and 41 percent respectively since Trump’s inauguration, driven by the elimination of the “de minimis” trade rule, which previously exempted goods under 800...

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US Postal Service says suspending parcels from China

The US Postal Service (USPS) has said it is temporarily suspending inbound parcels from China and Hong Kong, evoking an angry accusation of "unreasonable suppression" from Beijing on Wednesday. The order follows US President Donald Trump's imposition of additional 10 percent tariffs on Chinese imports starting Tuesday. Minutes after they took...

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Trump strikes, China counterattacks: A shock for the fashion and retail industry

Trade tensions between the United States and China are escalating as Beijing announces retaliatory measures in response to President Donald Trump’s decision to impose 10% tariffs on Chinese imports. The new Chinese countermeasures, which include tariffs on the energy, auto and technology sectors, as well as export restrictions on critical...

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The textile industry in Mexico and the US call for dialogue in the face of imposed tariffs

Mexico - On Saturday, February 1, US President Donald Trump signed an executive order imposing 25 percent tariffs on imported goods from Mexico and Canada and a 10 percent tax on China. This imposition of tariffs represents a challenge for all industries in Mexico due to the importance of the United States as a historical trading partner. In the...