Home / Knowledge / News / Textiles / China trade deal has no agreement to reduce tariffs: US

China trade deal has no agreement to reduce tariffs: US

15
Jan '20
Pic: Shutterstock
Pic: Shutterstock
The trade truce with China set to be signed soon does not include a deal to roll back tariffs imposed on most Chinese goods, US officials said recently. "There is no agreement for future reduction in tariffs. Any rumours to the contrary are categorically false," according to the joint statement from the Treasury and the US Trade Representative's office.

The statement came after a global newswire reported that tariffs on billions of dollars in Chinese goods will stay in place until after the US presidential election in November, after which they might be removed.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 17th Jan 2020

Industry unhappy with retrospective withdrawal of MEIS

Apparel manufacturers and exporters are not happy with the...

Pic: Saint Laurent

Apparel/Garments | On 18th Jan 2020

Saint Laurent to open leather goods factory in Italy

French fashion label Saint Laurent, part of the Kering Group, will...

Pic: Levi Strauss & Co

Apparel/Garments | On 18th Jan 2020

Levi Strauss announces management changes in company

Levi Strauss has announced leadership changes in the company. Roy...

Interviews View All

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Paolo Crespi,

Paolo Crespi

Japan's Epson, a leader in digital textile printing, Italy's For.Tex, a...

Carmen Silla,

Carmen Silla

Leading the transformation of the textiles industry with disruptive...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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


January 2020

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


Advanced Search