Section 122 Levels the Field – but Raises New Trade Risks
March 3, 2026
US tariffs enter a 150-day holding pattern that means continued
MATERIALS | Mar 20, 2025
➤ Cotton futures have stabilized in the 66-67 cents range since mid-March, rebounding from 2020 lows of 63 cents earlier in the month, in part due to expectations of stronger global consumption.
➤ Geopolitical factors have been exerting upward pressure on oil prices, however this is being balanced by traders expecting additional supply to enter the market after OPEC+ announced plans to increase production by 138K bpd in April, marking its first output increase since 2022.
➤ Wool has increased 88 AUD/100Kg or +7.63% since the beginning of 2025.
➤ Synthetic fiber and yarns prices face downward pressure from uncertain global demand and expectations of lower oil prices.
SOURCING & SUPPLY CHAIN
US tariffs enter a 150-day holding pattern that means continued
The Supreme Court struck down reciprocal tariffs, but refund eligibility
Bangladesh apparel exports have achieved what many thought was impossible
The deal that gives India a level playing field could
Tariff relief improves competitiveness, but political and market risks cloud
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