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Global Economic Trends Reshape Trade Dynamics Fed Holds Rates as Export Markets Wobble
The U.S. Federal Reserve announced its June interest rate decision, maintaining the benchmark rate at 4.25%-4.50% for the fourth consecutive meeting, aligning with market expectations. The central bank also revised its 2025 GDP growth forecast downward to 1.4% while rais...Read more -
Global Demand for Safety Shoes Surges as Emerging Markets Drive Growth
The global safety footwear market is experiencing significant growth, fueled by increasing industrial safety regulations and rising demand from emerging economies, particularly in Southeast Asia and Latin America. As these regions continue to develop their manufacturing and construction sectors, ...Read more -
Trump Declines Tariff Extension, Unilaterally Imposes New Rates on Hundreds of Nations-impact on Safety Footwear Sector
With 5 days left until the July 9th tariff deadline, President Trump announced the U.S. will not extend expiring tariff exemptions, instead formally notifying hundreds of countries of new rates via diplomatic letters-effectively ending ongoing trade talks. Per a late Wednesday statement, the abru...Read more -
Safety Footwear 2025: Regulatory Shifts, Tech Innovation, and Supply Chain Resilience
As global trade navigates complex regulatory landscapes, the safety footwear industry faces transformative challenges and opportunities in 2025. Here’s a roundup of critical developments shaping the sector: 1. Sustainability-Driven Material Innovations Leading manufacturers are adopting recycled...Read more -
LANDMARK EU SAFETY STANDARDS TO REDEFINE WORKPLACE FOOTWEAR INDUSTRY
The European Union has introduced sweeping updates to its EN ISO 20345:2022 safety work footwear standard, marking a pivotal shift in workplace safety protocols. Effective June 2025, the revised regulations mandate stricter performance benchmarks for slip resistance, wat...Read more -
Understanding the impact of trade tariffs on freight shipments between China and the U.S.
In recent years, the US-China trade relationship has been at the center of global economic discussions. The imposition of trade tariffs has significantly changed the international trade landscape and has had lasting impacts on shipping and supply chains. Understanding the impact of these tariffs ...Read more -
The impact of trade tariffs on freight shipments between China and the U.S.
Recent reports indicate that the United States and China are once again at the forefront of this ongoing conflict. After a period of relative calm, new tariff proposals have been floated, targeting a range of products, from electronics to agricultural products. This resu...Read more -
Safety Footwear: Applications of Safety Shoes and Rain Boots in Industrial Settings
Safety footwear, including safety shoes and rain boots, plays a critical role in protecting workers across various industries. These specialized boots are designed to meet international safety standards such as EN ISO 20345 (for safety shoes) and EN ISO 20347 (for occupational footwear), ensuring...Read more -
Safety Shoes Industry: A Historical Perspective and Current Background Ⅱ
Regulatory Influence and Standardization The development of safety regulations has been a major driving force behind the evolution of the safety shoes industry. In the United States, the passage of the Occupational Safety and Health Act in 1970 was a landmark event. This act mandated that compan...Read more -
Safety Shoes Industry: A Historical Perspective and Current Background Ⅰ
In the annals of industrial and occupational safety, safety shoes stand as a testament to the evolving commitment towards worker well-being. Their journey, from humble beginnings to a multi-faceted industry, is intertwined with the progress of global labor practices, technological advancements, ...Read more -
Tariff War Spurs Surge in China-US Shipping Costs, Container Shortages Cripple Exporters
The ongoing US-China trade tensions have triggered a freight crisis, with shipping costs surging and container availability plummeting as businesses rush to beat tariff deadlines. Following the May 12 US-China tariff relief agreement, which temporarily suspended 24% of p...Read more -
Agricultural Powerhouse Strategy Reshapes Global Safety Shoe Trade Amid U.S.-China Tariff Wars
As U.S.-China trade tensions escalate, China’s strategic pivot toward agricultural self-reliance-exemplified by its $19 billion soybean imports from Brazil in 2024-has created unexpected ripple effects across industries, including safety footwear. ...Read more