WTO news and archive

EU revokes tariff increase on premium women's jeans from the US

The European Union has decided to revoke the additional 26 percent tariff it introduced last year May against the imports of premium womens denim made in the US. From May 1, the EU import duty will decline from 38 percent to 12.5 percent, as the EU approved of the tariff reduction earlier this week. The decrease of import tax will undoubtedly be...

Fashion

Trade Barriers Still In Place

The textile and manufacturing industry may appear to be open to all since trade barriers were banned last January, however many barriers remain despite years of consultations and diplomatic pressure. According to WWD, in a recent US report on foreign trade barriers it stated that China, India and Egypt still maintain some of the highest barriers...