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Bangladesh, Vietnam benefit most from RMG, footwear shift from China


Bangladesh, Vietnam benefit most from RMG, footwear shift from China
MONIRA MUNNI |
Published:
July 29, 2021 11:47:51
FE file photo
Bangladesh and Vietnam have benefited most due to the shifting of apparel and footwear exports from China, according to the latest analysis.
It also found that in 2019, both the countries combined share of apparel and footwear exports to the US and the European Union (EU) equalled half of China s share.
The analysis paper - Repeat, Repair or Renegotiate? The Post-Covid Future of the Apparel Industry - also showed that the US apparel and footwear imports from China declined to 37.9 per cent in 2019, which was 50.7 per cent in 2010. ....

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US buyers to raise sourcing of RMG from Bangladesh: USFIA study

US buyers to raise sourcing of RMG from Bangladesh: USFIA study
fibre2fashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fibre2fashion.com Daily Mail and Mail on Sunday newspapers.

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NRF | 21 Million U.S. Jobs Depend on Imports, New Study Shows


Senior Director, Media Relations
WASHINGTON– The National Retail Federation today joined eight other business organizations to release “Imports Work for American Workers,” an economic impact study which found that imports support more than 21 million American jobs.
“Imports are a vital component of the U.S. economy.”
Jonathan Gold, NRF Vice President of Supply Chain and Customs Policy.
The study focuses on the net impact of imports on U.S. jobs including statistics on sectors such as retail, apparel, transportation, manufacturing and consumer technology. The study also looks at how imports support jobs in states across the U.S. as well as trade policy initiatives pending before Congress and the administration with the potential to preserve or diminish import-related jobs. ....

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Trend Alert: Increased US Oversight Of Forced Labor In Supply Chains - International Law


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Continuing the trend toward increased oversight of forced labor
in supply chains (see our post from last week on groundbreaking German
legislation in this space), on March 18, 2021, the US Senate
Finance Committee will hold a hearing on fighting forced
labor. Specifically, the hearing will focus on
[c]losing the loopholes and improving customs enforcement to
mandate clean supply chains and protect workers. This may
signal a continued trend in the US to combat forced labor in the
supply chains of domestically imported products.
This trend began in February 2016, when President Obama signed ....

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