President Trump issues tariff rate modifications

September 6, 2025  |  Industry News, News

U.S. President Donald Trump has issued further modifications to the Harmonized Tariff Schedule of the United States (HTSUS), effective Mon., Sept. 8. The changes were issued in the Sept. 5 Executive Order “Modifying the Scope of Reciprocal Tariffs and Establishing Procedures for Implementing Trade…
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India extends import duty exemption on cotton until December

September 6, 2025  |  Industry News, News

The Indian government announced Aug. 28 that the country will extend its import duty exemption on cotton until Dec. 31. Previously, the exemption was to be in effect until ⁠Sept. 30. The exemption reduces the import duty on cotton from 11% to 0%. The decision was informed by the Indian Central Boa…
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U.S. Department of Commerce adds 407 product categories to steel and aluminum tariffs

August 20, 2025  |  Industry News, News

The U.S. Department of Commerce announced Aug. 19 that 407 product categories will be added to the list of “derivative” steel and aluminum products covered by Section 232 tariffs. The steel and aluminum content of these products will be subject to a duty rate of 50%. Product categories a…
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President Trump extends pause on China tariff rate for 90 days

August 13, 2025  |  Industry News, News

U.S. President Donald Trump announced Aug. 11 that the tariff on Chinese imports will remain at the same rate—30%—for an additional 90 days. China’s 10% tariff on American imports will also stay at the same rate. The announcement was made shortly before the U.S. tariff on Chinese imports w…
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Seshadri Ramkumar receives Lifetime Achievement Award

August 6, 2025  |  Industry News

Seshadri Ramkumar, Ph.D., a professor at Texas Tech University (TTU), received a Lifetime Achievement Award from the Indian Science Monitor. The foundation’s Lifetime Achievement Award recognizes individuals for their contributions to science and technology. Ramkumar was recognized for his wor…
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President Trump announces several tariff rate modifications

August 1, 2025  |  Industry News, News

U.S. President Donald Trump has announced several modifications to tariff rates for various countries and imported products.   The president has increased the tariff on Canadian imports from 25% to 35%, effective Aug. 1. Mexican goods will continue to be taxed at 25% after President Trump spoke…
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European Union and U.S. announce trade agreement, modifying tariffs on most goods

July 29, 2025  |  Industry News, News

The European Union (EU) and the U.S. announced a trade agreement July 27 that sets a 15% tariff on most EU goods, effective Aug. 1. The 15% tariff applies to all EU exports currently subject to reciprocal tariffs, including automobiles and automobile parts, pharmaceuticals and semiconductors. It doe…
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Spiber announces partnerships with Manifattura Sesia and Achille Pinto

July 28, 2025  |  Industry News

Spiber, Yamagata, Japan, producer of Brewed Protein™ fiber, has announced partnerships with two Italian textile mills, Manifattura Sesia S.r.l. and Achille Pinto S.p.A. “We are very proud of the results achieved with the development of our new yarn: T-Gen, short for Technological Generation Yarn…
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