USA news and archive

CBP launches new tool for consolidated duty refunds

US Customs and Border Protection (CBP) has launched the first phase of its new refund system for duties collected under the International Emergency Economic Powers Act (IEEPA), introducing the Consolidated Administration and Processing of Entries (CAPE) tool. Now live via the Automated Commercial Environment (ACE) portal, CAPE allows importers...

Retail

Spanish brand Nude Project opens pop-up in Los Angeles

Madrid – Following the success of its first pop-up in the Americas, Spanish streetwear brand Nude Project is renewing and elevating its commitment to the US market with the opening of a brand-new temporary store in the heart of Los Angeles. This is a particularly demanding and coveted retail location where the brand is showcasing the unique...

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Business

Trump announces a bilateral ceasefire between the US and Iran

Madrid – Diplomacy has prevailed over conflict following an announcement made in the early hours of this morning, Central European Summer Time, by US president Donald J. Trump. The statement concerns the armed conflict involving the armies of the US, Israel and Iran since February 28. This crisis appears to be on track according to the American...

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Business

US retail sales decline

US retail sales weakened at the start of the year. They fell by 0.2 percent month-on-month in January, as the Department of Commerce announced in Washington on Friday. The retail sector is of great importance to the US economy. Economists had, on average, anticipated a slightly stronger sales decline of 0.3 percent. In the previous month,...

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Business

Trump's tariff defeat, new tariffs: EU assesses consequences

Following the US Supreme Court's decision against president Donald Trump's tariff policy, the EU and other countries are attempting to assess the precise consequences for the global economy. A special session of the legal service and the negotiating team, which was responsible for a customs agreement between the US and the EU, is scheduled for...

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Business

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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Fashion|Interview

US retailer Svrn: "I have no idea where we will be next season, even as a country“

Berlin Fashion Week is not only captivating audiences with an international schedule, but is also attracting an increasing number of international media representatives and buyers. They travel from across the globe, ranging from the UK and the US to Korea and Japan, to discover German talent. Following the hectic start to the year in Florence,...

Retail

US Congress reconsiders de minimis rule for low-value parcels

While the US administration officially ended the customs exemption for low-value parcels at the end of 2025, the de minimis issue has abruptly resurfaced in Washington. The cause is a new bill introduced in the House of Representatives. It seeks to partially reintroduce specific treatment for small imported shipments. This is a strong signal in...

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Business

Tex-Eco Initiative: future-proofing Indian textile and garment exporters for global ESG compliance

India's Union Budget 2026-27, revealed earlier this week, outlines strategic shifts for the textile and garment industry to enhance its global supply chain role, focusing on value, sustainability and technology. The Tex-Eco Initiative was unveiled as one of the “Integrated Programme for Textiles"' pillars: It is designed to align Indian textile...

Retail

Allbirds to shutter remaining full-price US stores by February 2026

Sustainable footwear brand Allbirds has announced it will close all remaining full-price retail locations in the US by the end of February 2026. The decision marks a significant shift in the company’s physical retail strategy as it prioritises a leaner, more capital-efficient operating model. The San Francisco-based company stated that the...

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Business

“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,...

Retail

Mango reaches 60 stores in the US with Chicago opening

Mango is accelerating its expansion and consolidation strategies in the US with the opening of its first store in the state of Illinois. The Spanish fashion multinational has entered a new region with the opening of a first store in the commercial and tourist heart of Chicago. This is the 60th store for the company founded by Isak Andic across...