President Donald Trump has announced further changes to the April 2 executive order imposing multiple country-specific tariffs. The president has suspended most tariffs for 90 days, with country-specific tariffs (detailed in Annex I) now effective July 9, 2025. Countries included in Annex I are currently subject to 10% ad valorem rates, with exemptions listed in [...]

Country-specific tariffs imposed by President Donald Trump in an April 2 executive order are now in effect. The president declared a national emergency in the executive order as a result of "large and persistent annual U.S. goods trade deficits," which included a reciprocal tariff policy. Tariffs on imports from various countries were determined by rates [...]

Image: Universal Fiber Systems Universal Fiber Systems announced that the company has acquired Fiber Innovation Technology (FTI), based in Johnson City, Tenn. "We're thrilled to add FIT to Universal Fiber Systems. I've long admired FIT and am impressed with what Chris Parris and his team have accomplished," said Marc Ammen, CEO of Universal Fiber Systems. [...]

Image: T2T Alliance Textile-to-textile (T2T) recyclers Circ, Circulose, RE&UP and Syre have collaborated to form the T2T Alliance. The alliance will unite stakeholders and advocate for the textile sector within European Union (EU) policy and beyond. The Ecodesign for Sustainable Products Regulation (ESPR) is a 2025 textile policy that will introduce new market-entry ecodesign requirements [...]

Image: Acme Mills Acme Mills, a textile manufacturer based in Bloomfield Hills, Mich., has announced a partnership with producers in Vietnam to expand its nonwoven textile offerings. This move addresses evolving global trade challenges, such as ongoing tariff concerns with China, allowing Acme Mills to continue delivering cost-effective, high-quality materials to its clients. As the [...]

President Donald Trump signed an executive order March 27 imposing a 25% tariff on automobile imports to the U.S., beginning April 3. Currently, the tariff will only apply to automobiles, but a process for including automobile parts is being developed. Automobiles covered under the United States-Mexico-Canada Agreement qualify for "preferential tariff treatment," where they can [...]