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Stock impact report

Explainer: Why isotopic tests raise risks for China-linked Vietnam exports [Yahoo! Finance]

Applied DNA Sciences, Inc. (APDN) 
Last applied dna sciences, inc. earnings: 8/10 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
elements like carbon and hydrogen present in both the crop and the environment in which it has been grown. In a recent study, researchers from isotope testing firm Stratum Reservoir and biotechnology company Applied DNA Sciences analysed garment samples, cotton swabs and shoes from big box retailers and ecommerce platforms, finding traces of banned Chinese cotton in 19% of a sample of merchandise selling at US and global retailers in the past year. According to US Customs and Border Protection enforcement statistics, 2023 saw Vietnam export the greatest value of products that were denied entry to the US under the the Uyghur Forced Labor Prevention Act, which was enforced in June 2023. Products are denied entry if the companies cannot prove they do not use upstream inputs produced with alleged Xinjiang forced labour. Why Vietnam is in spotlight over Xinjiang cotton? Many Vietnam-based manufacturers are owned by Chinese investors with a Hinrich Foundation study released in July Show less Read more
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