>>
Home / Knowledge / News / Apparel/Garments / US tariff hikes on PRC goods '1930s trade strategy': AAFA

US tariff hikes on PRC goods '1930s trade strategy': AAFA

26
Aug '19
Pic: Shutterstock
Pic: Shutterstock
Terming the Trump Administration’s tit-for-tat tariff hikes on Chinese imports ‘a 1930s trade strategy that will be a disaster’ for US consumers, businesses and economy, Rick Helfenbein, president and chief executive officer of the American Apparel & Footwear Association (AAFA) recently said the steps are not part of any coherent strategy related to China.

“Meanwhile, the President has said he wants American businesses to stop working in China, yet he doesn’t seem to understand that moving a supply chain is incredibly complicated and expensive. It takes years to build relationships that meet compliance standards and deliver quality products, yet we have been given weeks and in this case days,” said Helfenbein in a statement.

“This is not how you negotiate....The Administration needs to rise above the fray and start negotiating for the American people,” he said.

On August 15, AAFA released analysis showing 77 per cent of US imports of apparel, footwear, and home textiles from China appear on the administration’s list of products that will be hit with an additional tariff on September 1. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Pic: Airlines IATA

Textiles | On 18th Jan 2022

Supply chain disruptions stall global cargo growth in Nov 2021: IATA

Data for global air cargo markets have revealed slower growth in...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Philippine garment-textile industry seeks govt support to protect jobs

The Clothing and Textile Industry Tripartite Council (CTITC) in the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Dr. A Sakthivel,

Dr. A Sakthivel

Incorporated in 1978, the Apparel Export Promotion Council (AEPC) is the...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Dhruv Toshniwal & Udit Toshniwal,

Dhruv Toshniwal & Udit Toshniwal

Launched a year ago, Fashions Pvt Limited conceptualises and sees D2C...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

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

ESTEEMED CLIENTS

Huntsman (Singapore) Pte Ltd
Hela Clothing Pvt Ltd
Sportswear Company Spa
IDH – The Sustainable Trade Initiative
Amazon China
Decathlon
SHAHI Exports Pvt Ltd
Gloria Jeans
Sportmaster Ltd.
Rayonese Textile Inc., Division de Culp Inc.
J ;& P Coats
Grasim Industries Limited
Splash
The LYCRA Company Singapore  Pte. Ltd
Cat Tuong Real Estate Group Joint Stock Company
Eastman Chemical Company
Under Armour Global Sourcing Ltd
Gatsby Africa

January 2022

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


Advanced Search