Home / Knowledge / News / Apparel/Garments / UK textile exports to US to be hit with punitive tariffs

UK textile exports to US to be hit with punitive tariffs

04
Oct '19
Pic: UKFT
Pic: UKFT
Exports of a range of fashion and textile products from the UK to the US will be hit with a 25 per cent tariff as part of the ongoing dispute between the US and the EU over subsidies granted to both Boeing and Airbus. The list of products that will be facing a 25 per cent tariff includes cashmere jumpers, anoraks, swimwear, and bed linen. 
 
The 25 per cent tariff is in addition to the normal duties which will apply.
 
"The US has threatened to introduce the tariffs as early as October 17, 2019. It has been confirmed that these tariffs will apply even if the UK leaves the European Union with or without a deal," UK Fashion & Textile Association (UKFT) said in a statement.
 
UKFT CEO Adam Mansell has called on both sides to resolve the 15-year old trade dispute as quickly as possible.
 
“At a time when the industry is facing huge uncertainty over the impact of Brexit, it is devastating that one of our key non-EU markets has imposed such significant tariffs on products that have nothing to do with the aircraft dispute,” said Mansell. “Some of our leading manufacturers will be hit by theses punitive tariffs and that will undoubtedly affect jobs and investment.”
 
Simon Cotton, chief executive of Johnstons of Elgin, the largest manufacturer cashmere knitwear in the UK, and a board member of UKFT, said these tariffs will have a significant impact on the UK knitwear industry. “The US is our third largest export market behind Europe and Japan,” he said. “This will have major impact on our knitwear business, as well as the whole of the UK knitwear industry. The US consumer has a great affinity with British high-quality knitwear and we urge all parties involved to come to an agreement quickly for the sake of British manufacturers and US consumers.”
 
“The UK government is clear that resorting to tariffs is not in the interests of the UK, EU or US. We are working closely with the US, EU and European partners to support a negotiated settlement to the Airbus and Boeing disputes," the UK department for international trade (DIT) said in a statement.
 
“We are also seeking confirmation from the WTO that the UK has complied fully with WTO rulings regarding support to Airbus, and should not be subject to tariffs,” the DIT statement said.
 
Click here for details of the tariffs on UK textile and fashion products sold to the US
 

Fibre2Fashion News Desk (RKS)


Must ReadView All

Pic: Shutterstock

Textiles | On 23rd Nov 2020

Japan aims to expand CPTPP trade pact

Japanese Prime Minister Yoshihide Suga recently said his country...

Pic: Shutterstock

Textiles | On 23rd Nov 2020

Bangladesh gets $256.5 mn from Green Climate Fund

Bangladesh recently received $256.5 million from the UN Green Climate ...

Pic: Mulberry

Apparel/Garments | On 23rd Nov 2020

Frasers raises Mulberry stake to 37%, considers offer

The Frasers Group, formerly called Sports Direct, recently announced...

Interviews View All

Saket Garg, Garg Corporation

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

DP Kumar,

DP Kumar

Weaves is South India's premier textile fair organised by Texvalley in...

Laksheeta Govil,

Laksheeta Govil

Founded in 2014, Fizzy Goblet is a Delhi / NCR based handcrafted leather...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2020

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


Advanced Search