Fashion
US lowers tariffs on some S Korean goods retroactively from Nov 1
“We are also removing tariffs on airplane parts and will ‘un-stack’ Korea’s reciprocal rate to match Japan and the EU [European Union],” Lutnick was quoted as saying in a statement posted on microblogging platform X by the US Department of Commerce.
Following South Korea’s implementation of the strategic-investment legislation in Parliament, the US will lower certain tariffs under the deal, including auto tariffs to 15 per cent, effective retroactively from November 1, US Commerce Secretary Howard Lutnick recently said.
“We are also removing tariffs on airplane parts and will ‘un-stack’ Korea’s reciprocal rate to match Japan and the EU,” he said.
“Korea’s commitment to American investment strengthens our economic partnership and domestic jobs and industry. We are also grateful for the deep trust between our two nations. I look forward to continuing to work closely with Seoul to build an even stronger and more prosperous future for both nations,” he added.
Fibre2Fashion News Desk (DS)
Published
January 17, 2026
Wearable technology company Whoop has announced a multiyear collaboration with designer Samuel Ross MBE as global creative director, marking Whoop’s first performance design collaboration.
Dubbed “Project Terrain”, the partnership will deliver a bespoke capsule collection including limited-edition, customized Whoop bands, as well as new apparel pieces within the Whoop Body collection. The collection will roll out in limited-edition drops starting this year and continuing into 2028.
“At Whoop, we’ve always believed that wearable technology needs to be invisible or it needs to be cool,” said Will Ahmed, Founder and CEO of Whoop. “Working with Samuel Ross has been a true joy. He deeply understands wearable technology. Our members will feel something new and different when they wear this limited collection.”
Ross, founder of the award-winning studio SR_A and formerly founder of A-Cold-Wall*, has a history of reimagining culture, material science, and form through design. His portfolio includes collaborations with Nike, Converse, Oakley, Hublot, Acqua di Parma, and Beats.
Project Terrain will carry SR_A’s industrial and architectural ethos into Whoop’s design language, informed by utility, intentionality, and structural, materials-driven design approach.
“Whoop is shaping the future. That’s true progress, for all. It is one of the first design and technology companies of our generation, founded within our generation, by our generation, that is defining the right relationship to health, through advanced technology,” said Ross.
“I look forward to building the future with Will and the Whoop design teams. We have a clear, sharp vision to move global design expectations forward.”
The partnership also includes SR_A joining as an investor alongside partners Niall Horan and Cristiano Ronaldo. Whoop will support the SR_A Black British Artist Grant and host its recipient for an in-house design residency.
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A coalition of the American Apparel & Footwear Association (AAFA) and other leading textile, apparel, footwear and retail associations has urged the US House of Representatives to pass legislation reauthorising key trade preference programmes for sub-Saharan Africa and Haiti.
A coalition of AAFA and other textile, apparel, footwear and retail groups has urged the US House to pass legislation reauthorising AGOA and Haiti HOPE/HELP.
The bills would retroactively extend the trade programmes for three years, backing US cotton and textile exports, helping diversify sourcing beyond China, and supporting about 3.6 million US workers.
In a joint letter, addressed to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries, the groups called for passage of the AGOA Extension Act (HR 6500) and the Haiti Economic Lift Program Extension Act (HR 6504) on suspension.
The letter noted that the House Ways and Means Committee approved both bills last month with overwhelming bipartisan support. The proposed measures would retroactively renew the African Growth and Opportunity Act (AGOA) and the Haiti HOPE/HELP programmes for three years, providing certainty for US companies and stability for workers in sub-Saharan Africa and Haiti.
Industry groups said the programmes support American cotton and textile exports, help diversify sourcing beyond China, and directly support about 3.6 million US workers.
Signatories included the AAFA, the Footwear Distributors & Retailers of America, National Retail Federation, Outdoor Industry Association, Retail Industry Leaders Association, and the US Fashion Industry Association.
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