TAX PACKAGE GIVES US CLOTHING INDUSTRY SOMETHING TO CHEER ABOUT UNDER TRUMP ADMINISTRATION

THE USA clothing industry, reliant on free trading, has not had much welcome from the populist policies of the administration of President Donald Trump and his Republican allies in the Congress. The sector has helped see off plans to impose a border adjustment tax (BAT), which would have crippled importers and is currently lobbying for a successful outcome to the decision to renegotiate the North American Free Trade Agreement (NAFTA). However, the United States apparel and textile industries may have, in the shape of the current tax reform proposals, finally ...


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