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Dispute over tariffs: defeat for Trump before Supreme Court

US president Donald Trump has suffered a defeat before the Supreme Court in the dispute over his aggressive tariff policy. The US Supreme Court ruled that Trump exceeded his authority when he invoked an emergency law to impose extensive tariffs on many trading partners, including the European Union. This article was translated to English using...

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What do the election results mean for Bangladesh’s garment and textile sector?

Following the unprecedented unrest of late 2024 and the subsequent interim administration, Bangladesh voted last Thursday and declared results on Friday: The BNP-led alliance won 209 seats and the Jamaat-led bloc secured 68 in the 297 constituencies for which results were declared. For the ready-made garment (RMG) sector—the very heartbeat of...

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Fairs|In-depth

Turkish fashion industry showcases its strength (and fears) at new edition of IFCO: “We are Europe’s reliable partner”

At the invitation of the event's organisers, FashionUnited travelled to Turkey last week to attend the ninth edition of Istanbul Fashion Connection (IFCO). This international trade fair brings together all the key players in the Turkish fashion industry. The latest edition was marked by growing political and trade tensions that are shaking up...

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A sigh of relief: What the US-India trade deal means for the textile and garment industry

Not even two months in, and the year 2026 already seems to be a promising one for trade deals. After the ink is barely dry on what observers have called the “mother of all trade deals” - the free trade agreement between the European Union and India signed on 27th January - another one is taking centre stage. Indian prime minister Narendra Modi...

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Swiss watch exports contract by 1.7 percent in 2025

Zurich - Hit by US tariffs, Swiss watch exports contracted by 1.7 percent in 2025 despite a rebound in December, according to statistics published on Thursday by the Swedish watch federation. In 2025, Swiss watch exports amounted to 25.6 billion francs (33.32 billion dollars). This marked a decline for the second consecutive year, following a...

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Business|Opinion

How the India-EU FTA will level the playing field for the textile and apparel industry

For many garment industry insiders who have navigated the ebb and flow of global supply chains for years, witnessing the formal signing of the India-EU Free Trade Agreement (FTA) on 27th January 2026 seems like the dawn of a new era. For decades, Indian exporters felt as if one hand was tied behind their backs as they faced stiff tariffs while...

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Textile sector set for major gains under new EU-India trade deal

After almost 20 years of intermittent negotiations, the free trade agreement (FTA) between the European Union (EU) and India has been finalised. On January 27, 2026, in New Delhi, European Commission president Ursula von der Leyen, president of the European Council António Costa and Indian Prime Minister Narendra Modi sealed what observers are...

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US President Donald Trump suspends Greenland tariffs

MADRID – Amid the volatile and unpredictable trade strategy defining the current U.S. administration, President Donald J. Trump has announced the suspension of the so-called “Greenland tariffs.” The decision was shared late Wednesday afternoon, following the President's address at the 2026 World Economic Forum in Davos. Utilizing his social...

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“Setback by 50 years” - European fashion industry reacts to impending “Greenland tariffs”

As if the European fashion industry did not have enough on its plate already in view of rapid geopolitical shifts, impending regulation and environmental unpredictability, US president Donald Trump added to its woes this weekend: Eight countries supporting Greenland’s sovereignty - Denmark, Finland, France, Germany, the Netherlands, Norway,...

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European fashion braces for Trump's tariff threat over Greenland

The European fashion industry faces fresh uncertainty as President Donald Trump announced weekend tariffs against eight countries. including major fashion exporters the UK, France, and Germany, as leverage to acquire Greenland from Denmark. The tariffs, set to begin February 1st at 10 percent and rise to 25 percent by June, come as the sector...

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Why fashion companies are suing over Trump tariffs ahead of Supreme Court ruling

As the US Supreme Court prepares to rule on the legality of President Donald Trump’s sweeping tariffs, a significant legal mobilisation is underway across global fashion businesses and supply chains. According to Bloomberg reporting, more than a thousand companies have now entered the courts, positioning themselves for what could become one of...

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Vietnam: growth accelerates to 8 percent in 2025 despite US tariffs

Vietnam reported an 8 percent growth in its gross domestic product (GDP) for 2025 on Monday, driven by services, construction and exports, despite the impact of US tariffs. “The 2025 GDP is expected to post significant growth, estimated at 8.02 percent compared to the previous year,” the Statistics Bureau said in a statement. For several years,...