Indonesia's KADIN lobbies US NCC for lower tariff on garment exports
Indonesia's Chamber of Commerce and Industry (KADIN) is lobbying the US National Cotton Council (NCC), hoping to help the former's garment product exports enjoy the lowest US import tariff possible.
The chamber is considering a deal with NCC in which the former purchases US-made processed cotton and exports the final garment product back to the United States. It expects a lower tariff, zero per cent if possible, through this scheme, according to KADIN chief Anindya Bakrie.
Indonesia's Chamber of Commerce and Industry is lobbying the US National Cotton Council (NCC), hoping to help the former's garment exports enjoy the lowest US import tariff possible. It is considering a deal with NCC in which the former purchases US-made processed cotton and exports the final garment product back to the US. It also requested NCC to help lobby the US government through the USTR.
Bakrie discussed the proposal while meeting NCC vice president Robbie Minch in Washington D.C. recently.
He also requested NCC to help lobby the US government through the US trade representatives (USTR).
Bakrie is optimistic for open cooperation opportunities with NCC though US-made cotton is facing stiff competition against China and Brazil, an Indonesian news agency reported.
A balanced trade will enhance export opportunities for Indonesia-made garments, footwear and electronics to the United States, he said.
'This will not only support business growth but also benefit entrepreneurs and factory workers across the country,' he added.
Fibre2Fashion News Desk (DS)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
28 minutes ago
- New Indian Express
Seabed mapping and recovery efforts underway after MSC Elsa 3 sinks off Kerala coast
THIRUVANANTHAPURAM: With many cargo containers still unaccounted for following the sinking of cargo vessel MSC Elsa 3 off the Kerala coast, and rising concerns over oil pollution and the widespread dispersal of plastic pellets, the Directorate General (DG) of Shipping has launched a major recovery operation. As part of the effort, the DG Shipping will soon conduct comprehensive seabed mapping using a multi-beam survey system to locate missing containers and the sunken vessel. The operation is also aimed at mitigating marine ecological risks stemming from the incident. The cost of the recovery will be borne by the vessel's owner, the Mediterranean Shipping Company (MSC), which has appointed US-based firm T&T Salvage to carry out container recovery, oil removal, and pollution control measures. According to sources, T&T Salvage is assembling a team of divers, including saturation divers from South Africa, to aid the underwater retrieval of containers. The Water Lily, an emergency tow vessel, is currently being equipped with a multi-beam survey system for detailed seabed mapping. In addition, the vessel SEAMAC III will assist in diving operations.
News18
33 minutes ago
- News18
Donald Trump To Speak With Xi Jinping On June 6 Amid US-China Tariff Tensions
Curated By : Last Updated: June 04, 2025, 07:08 IST US President Donald Trump and China's President Xi Jinping (Image Credit: Reuters) US President Donald Trump is likely to speak with his Chinese counterpart, Xi Jinping, on Friday, June 6. This comes days after Trump accused China of breaking a deal to reduce tariffs and trade limits. The agenda of the call is likely to sort out disagreements over last month's tariff deal made in Geneva, besides other major trade issues between the two countries. Mahima Joshi Mahima Joshi, Sub-Editor at works with the India and Breaking team. Covering national stories and bringing breaking news to the table are her forte. She is deeply interested in Indian politics and a... Read More Mahima Joshi, Sub-Editor at works with the India and Breaking team. Covering national stories and bringing breaking news to the table are her forte. She is deeply interested in Indian politics and a... Read More News world Donald Trump To Speak With Xi Jinping On June 6 Amid US-China Tariff Tensions
Mint
42 minutes ago
- Mint
White House backs South Korea election as ‘fair', flags concerns over ‘China's interference'
The White House on Tuesday said that South Korea's election — in which liberal candidate Lee Jae-myung secured the presidency — was conducted fairly. However, it voiced concerns over interference from China. A White House official said in an emailed response to a Reuters request for comment made at an earlier White House briefing, 'The US-ROK Alliance remains ironclad. While South Korea had a free and fair election, the United States remains concerned and opposed to Chinese interference and influence in democracies around the world.' "ROK" refers to the Republic of Korea. However, right-wing supporters of US President Donald Trump have recently targeted Lee, who has emphasised the importance of maintaining a balanced relationship between Seoul, China, and the United States, Reuters reported. Laura Loomer, a far-right activist who has risen from being an online provocateur to a self-declared adviser to Trump, posted 'RIP South Korea' on X on Tuesday after Lee's win was confirmed. "The communists have taken over Korea and won the Presidential election today," she wrote. 'This is terrible,' she added. Loomer has shown herself to be highly influential: Several high-ranking White House officials were fired this year after she presented Trump with a list of national security staffers she perceived to be disloyal, Reuters reported. U.S. Secretary of State Marco Rubio issued a statement congratulating Lee, and like the White House spoke about the two countries' alliance, also calling it "ironclad." He made no mention of concerns about China. 'The United States and the Republic of Korea share an ironclad commitment to the Alliance grounded in our Mutual Defense Treaty, shared values, and deep economic ties,' Rubio said. 'We are also modernizing the Alliance to meet the demands of today's strategic environment and address new economic challenges.' Rubio also said the United States would continue to deepen trilateral cooperation with South Korea and Japan, 'to bolster regional security, enhance economic resilience, and defend our shared democratic principles.' Earlier this year, as South Korea's ousted former president Yoon Suk Yeol struggled to stay in power, he cited unproven allegations of election fraud as part of his justification for declaring martial law — ultimately led to his removal from office. His supporters echoed 'Stop the Steal' rhetoric and hoped for intervention from Donald Trump, though such support never materialized. Last week, without providing evidence, Trump ally Mike Flynn, a retired general who briefly served as the president's national security adviser during his first term, referred in a post on X to "signs of fraud" in the South Korea election, and said a fraudulent outcome would only benefit the Chinese Communist Party, Reuters reported. The US-ROK Alliance remains ironclad. While South Korea had a free and fair election, the United States remains concerned and opposed to Chinese interference and influence in democracies around the world. Another Trump ally, Steve Bannon, explored a similar theme of Chinese election interference on his WarRoom channel last week. (With inputs from Reuters)
