China Threatens U.S. Cars, Planes and Soy in Response to Trump

China swiftly retaliated against the Trump administration’s latest proposed penalties on Chinese goods, announcing 25% tariffs on critical American exports, including soybeans, airplanes and autos. China’s cabinet, the State Council, said Wednesday that the tariffs will cover 106 categories of products and affect $50 billion of Chinese imports of U.S. products. The tariff rate and … More China Threatens U.S. Cars, Planes and Soy in Response to Trump

Textile ministry gives strength to the industry stakeholders and discusses simplification of the GST

Union minister of state for textiles Ajay Tamta attended the textile meet-2018 organized by BGA Foundation, a part of Disha Foundation, on March 28. Tamta held round table meetings with various industry stakeholders from processing sector, power loom sector, etc. “Tamtaji organized roundtable meetings with various industry stakeholders and tried to understand their problems. Many … More Textile ministry gives strength to the industry stakeholders and discusses simplification of the GST

Chinese footwear industry generates USD 123 billion

The China Leather Industry Association revealed that, last year, footwear manufacturers generated sales over USD 120 billion. This is an increase of 4.4 % compared to 2016 The same source indicates that exports of footwear reached 9.6 billion pairs with a combined value of 45.6 billion US dollars, indicating an increase compared to the previous … More Chinese footwear industry generates USD 123 billion

U.S. announces Tariffs on USD 50 Billion of China Imports

Levies target 1300 separate product categories t’s finally happened: U.S. President Donald Trump’s team has detailed $50 billion of tariffs on Chinese imports ranging from television sets to grenade launchers. China has vowed to respond in kind. Is a full-scale trade war now inevitable? Not exactly—but the odds have risen sharply. The cool USD 50 … More U.S. announces Tariffs on USD 50 Billion of China Imports

Former Neiman Marcus CEO Relishes the ‘Sweet Revenge’ of Success

Karen Katz initially was rejected by the retailer, but she eventually got hired and worked her way up to the top The first time Karen Katz applied for a job at Neiman Marcus, she was rejected. A senior at the University of Texas at Austin at the time, she was turned down by the department … More Former Neiman Marcus CEO Relishes the ‘Sweet Revenge’ of Success