Search Results for: Canada

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in December 2018, incrementally bringing down import tariffs for Vietnamese garments in a market with 495 million consumers across 11 countries.

But Vietnamese garment-makers are struggling to reduce costs to deliver pricing that is competitive enough to make the most of CPTPP.…

Trade negotiators from the United States and China will meet for the second week in a row this Wednesday or Thursday, in what the American clothing sector hopes could be the final round of talks to resolve the trade war.

US Treasury Secretary Steve Mnuchin told Fox Business last week they hope to get to “the point where we can either recommend to the president we have a deal, or make a recommendation that we don’t,” emphasising the United States wants to “rebalance” the trade relationship.…

United States (US) President Donald Trump’s announcement, May 10, to slap 25% additional tariffs on plastics exports to China could increase opportunities for European plastics exporters, experts have told Plastics News Europe.

Mike Boswell, managing director of UK-based plastics products supplier Plastribution, said: “Sales could increase to the US, depending on which items, as US products will become more expensive because of duty barriers.”…

THE LEGALISATION nationwide of recreational cannabis in Canada last October (2018) was a groundbreaking move – a first for a major western country – and from this coming October 17, at the latest, one that may have significant implications for the beauty business.…

HONG Kong accountants may see an increase in demand for non-financial assessments, with the HK Stock Exchange consulting on proposed new environmental, social and governance (ESG) reporting. It is proposing introducing mandatory disclosure requirements to include board statements considering ESG issues; and what reporting principles are used to develop company ESG reports.…

THE CANADIAN auto-sector, encouraged by its federal government, has been pushing ahead with a wide range of initiatives to try and make Canada an international high-tech hub of connected and automated vehicle (CAV) research and development.

These focus on the country’s existing auto-making hub Ontario, with – unusually – the capital Ottawa playing a key auto-manufacturing role, encouraged by its existing local tech sector.…

THE CANADIAN auto sector wants the country’s federal government to recycle payments made through its carbon tax system back to Ontario’s automotive manufacturing sector, so it can reduce emissions and related energy costs. Executives want the government to hasten an announcement on how the system will work in detail to enable the industry to plan and mitigate costs.…

INTERNATIONAL efforts are under way to improve how airports can serve as effective humanitarian logistics hubs, reducing the risk that they become bottlenecks in disaster relief efforts. These moves follow research and a growing consensus in the air and aid sectors that while airports are undoubtedly a lifeline during crises, they can also hamper the efficient delivery of aid to victims.…

SUPERFRUITS offer personal care product brands lots of marketing muscle, delivering an image of exoticism, as well as offering real functional benefits.

As a result, beauty companies have been willing to trawl the world for new super fruit ingredients to give their lines a competitive edge.…

THE ONTARIO government has launched a Canadian dollars CAD40 million (USD29.8 million) policy package designed to grow the Canadian province’s auto-sector and stem the haemorrhaging of its jobs and output to Mexico and the southern USA. However, while these is support for the plan in the industry, there is also skepticism that this policy package will move the needle on preserving auto output in Canada’s most populous province.…