Home / Knowledge / News / Textiles / Will Obama's trade policies support textile trade?
Will Obama's trade policies support textile trade?
Feb '09
Mr Barack Obama
Mr Barack Obama
People hoping audaciously for a change felt their fulfillment when Barak Obama was elected as the 44th president of US. The coming years will be an unprecedented period for the textile and apparel industries of US.

Obama has proposed a detailed plan to get the sliding economy back in track by coming up with more employment generation, and middle-class tax cuts. This gives an option to think that textile and apparel industry would not be the prime focus for a limited time.

In a letter sent to the National Council of Textile Organizations, Obama has given a hint of his notion to change the economic policies observed in the country for the past eight years. He has proposed plans which would give priority to the needs of the middle income populace.

He has articulated his willingness to take actions to curtail the currency manipulation adopted by China, and bring regulations to limit the inflow of textile and apparel imports from China into the US market.

The new reign of Obama is positively expected by the people to bring the country in a good position to deal with the global trade regime.

Click here to view the complete article.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search