Donald Trump tariff increase starting September 1st, represents 77% of textiles, garment and footwear, according to the spokesperson of the sector in United States. 

The Pekin government released last Friday that a budget plan will be activated soon to boost domestic consumption for what is left of 2019 and 2020.

Restrictions over exports is one of the main reasons of the impact in the global economy, according to the World Trade Organization.

Bestseller, Gap, Li&Fung, PVH, Target, VF Corporation or Target are some of the big fashion retailers that participate in the Life and Building Safety Initiative (Labs) platform to promote safety in the factories located in these countries.

Year-on-year the eurozone economy rised 1.1% according to the last data published today by the European Statistics Office, Eurostat.

Industrial production in the country grew 4.8% in July compared to the same month in the previous year, and 1.5% less than the previous month. 

The American government has stated that some of the new tariffs rise for the Chinese fashion imports, specifically apparel and footwear sectors, will be delayed until mid-December.  

The German government has started a Grüner Knopt (green button in its German meaning) in which it would support all textile articles that follow certain social and environmental criteria.

The Ethiopian economy will be the one with the biggest rise in the next two years in the sub-Saharan Africa, according to the International Monetary Fund (IMF).

The global market of cotton and polyester has been in the middle of the trade war between China and United States during the last year. 

The measure, that will become effective in September, adds to the 25% rate applied in May. Amongst the more affected is the sportswear industry.