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FTA utilisation on the rise as US textile trade faces policy shifts

16 Mar '24
74 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • USTR's report highlights a decrease in US textile imports in 2023, attributed to economic uncertainty and inflation.
  • Despite challenges, discussions on import policies, FTAs, and sustainability measures persist.
  • The report underscores the underutilisation of FTAs and potential tightening of regulations.
  • Import trends show an increase in FTA country imports.

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