Trump’s New Tariffs on Chinese Imports Set to Disrupt Global Apparel Trade
If the U.S. were to impose a 60% additional tariff on Chinese textiles and apparel, the impact would reverberate throughout the global market. This policy would likely lead to higher prices for American consumers, an urgent shift in sourcing strategies for U.S. companies, and an influx of low-cost Chinese goods into the UK and EU markets. Read more...