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 07/11/2019 11:16 AM
The US-China Trade War: A Timeline
Last July, US President Donald Trump followed through on months of threats to impose sweeping tariffs on China for its alleged unfair trade practices. So far, the US has slapped tariffs on US$550 billion worth of Chinese products. China, in turn, has set tariffs on US$185 billion worth of US goods.
US Businesses Hit Out as Trump Tariffs Impact Import-Reliant Sectors

Far from bringing jobs back to the US, while adversely affecting overseas manufacturers, the ongoing US-China trade dispute is driving down exports from domestic manufacturers and challenging the viability of producing certain products.

SAC updates Higg Materials Sustainability Index tool
The Sustainable Apparel Coalition (SAC) has announced an update to the Higg Materials Sustainability Index (Higg MSI) tool.
Vietnam expects benefits from the new CPTPP trade agreement
Vietnam expects benefits from the new free trade agreement, the CPTPP (the TPP, now without the US) though lower than it would have been with the TPP with the US, according to analysts. However, the textile and garment, will still receive huge benefits from the CPTPP because the commitments on opening markets made in the old TPP have not changed.
Tailoring solutions for textile, garment exporters
Textile and garment exporters will face challenges this year with consumer demand in traditional markets trending downward while input costs keep rising. 
11 nations sign CPTPP trade pact in Santiago
Eleven countries signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) without the United States last week in Chile’s capital Santiago.
Vietnam’s National Wage Council has announced that the regional minimum wage may rise by 6.5 per cent in 2018 to VND180,000-230,000 ($8-10) a month following a consensus reached between employer and labour representatives. The rate will be submitted to the government for approval. Minimum wage in the nation is determined regionally and on a per month basis.
PEB Steel: first in Myanmar with $25 million investment
PEB Steel extends its regional reach to Myanmar with a $25 million investment in the latest steel manufacturing facility, capitalising on the country’s booming construction industry.
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