Trade

Lesotho has declared a national State of Disaster after a 50% tariff imposed by Donald Trump decimated its textile sector. The sudden collapse of its biggest employer has left tens of thousands jobless, exposing the country's economic fragility and raising alarm over the future of AGOA-supported trade across sub-Saharan Africa.

Egypt's textile industry is rapidly emerging as a global manufacturing hub, driven by competitive labour costs, strategic location, and massive Chinese investment. With exports surging 18% to $2.84 billion in 2024 and government modernisation plans targeting $12 billion by 2031, Egypt is positioning itself as a key alternative to traditional textile centres.

Supply chains today face unprecedented risks—from cyberattacks and geopolitical tensions to supplier insolvency and logistics disruptions. Insights from the Supply Chain Risk and Resilience Summit reveal why businesses must embrace proactive planning, invest in risk assessments, and prioritise supplier collaboration to navigate the shifting dynamics of global trade and resilience.

Trump’s tariffs were designed to bring manufacturing back to the US but instead reshaped global supply chains. Ultra-fast fashion brands like Shein and Temu adapted by shifting production and targeting new markets like Australia. The result is an even faster, cheaper, and more exploitative fashion system with hidden environmental and human costs.

Recent court rulings have struck down President Trump's sweeping tariff regime, challenging executive authority over trade policy. The US Court of International Trade found Trump exceeded his powers under emergency legislation, sparking immediate appeals and creating uncertainty across global markets and supply chains.

The Cotton Association of India has joined the nationwide call to boycott Türkiye and urged the cotton trading community “to consider stopping” all trade with Türkiye and explore alternative options to suit “our nation's interest.”

The Secondary Materials and Recycled Textiles (SMART) Association works towards strengthening economic opportunities by promoting the interdependence of the for-profit textile recycling industry segments and provides a common forum for networking, education and advocacy. SMART President Brian London dwells at length on the second-hand clothing waste and global trade.

Are Trump’s tariffs reshaping the luxury fashion world? Here’s an analysis of the rapidly-shifting financial landscape for major brands, and the new cultural pressures arising from social media exposes, all against the backdrop of an increasingly uncertain future, also for fashion that is luxe.

India’s withdrawal of the trans-shipment facility marks more than a bureaucratic hiccup—it represents a tectonic shift in South Asian trade geopolitics. At the heart of it lies the Bangladeshi apparel industry, now navigating increased costs, longer transit times, and geopolitical uncertainty. The episode underscores how strategic rivalry between India and China is beginning to shape—even weaponise—trade logistics and bilateral relationships.

This is not the first time that India has found itself with a heaven-sent opportunity. This time, however, all indicators are that the ground situation is different. Will India be able to upstage China in the global textiles and apparel trade? A ground report.