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in Fashion

A New US Trade Bill Aims to Incentivise Fashion Nearshoring, Circularity

by Editor March 6, 2024, 9:45 pm 1.2k Views

A New US Trade Bill Aims to Incentivise Fashion Nearshoring, Circularity

The US is aiming to reduce its reliance on Chinese manufacturing and support domestic industry. The nascent circular fashion sector may prove an unlikely beneficiary.

A new trade bill that aims to boost economic ties between the US and countries in Latin America includes billions of dollars of incentives for companies involved in circular fashion, from resale platforms to textile waste sorting facilities and recyclers.

The Americas Trade and…

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Posted by Editor

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