Articles

  • 3 weeks ago | sourcingjournal.com | Kate Nishimura

    The U.S. trade deficit took a significant plunge in April after President Donald Trump announced aggressive, sweeping tariffs on countries across the globe. U.S. Commerce Department data showed that the trade gap between America and its trading partners narrowed drastically as imports into the U.S. fell by 16 percent. The trade deficit rang in at $61 billion in April—less than half of the $140 billion seen just one month earlier. At the same time, America’s exports grew.

  • 3 weeks ago | sourcingjournal.com | Kate Nishimura

    Misconceptions abound when it comes to the carbon impact of making shoes. Chief among them is a notion that the footwear industry—which has been fingered as a master polluter within the fashion sector—hasn’t made significant strides when it comes to shrinking its footprint (no puns intended).

  • 3 weeks ago | yahoo.com | Kate Nishimura

    Misconceptions abound when it comes to the carbon impact of making shoes. Chief among them is a notion that the footwear industry—which has been fingered as a master polluter within the fashion sector—hasn’t made significant strides when it comes to shrinking its footprint (no puns intended).

  • 3 weeks ago | sourcingjournal.com | Kate Nishimura

    President Donald Trump signed an executive order Tuesday doubling global tariffs on steel and aluminum from across the globe. The Commander in Chief said that the duties on the metals would increase from 25 percent to 50 percent beginning at 12:01am on Wednesday.

  • 3 weeks ago | sourcingjournal.com | Kate Nishimura

    The world economy will take a significant hit over the next 18 months—and tariffs are a major culprit, according to newly released forecasting from the Organization for Economic Cooperation and Development (OECD).