INTERNATIONAL REGULATORY ROUND UP – TRADE WARS THREATEN KNITWEAR SECTOR
April 1st, 2018
THE INTERNATIONAL knitwear sector has found itself at the centre of the ongoing turmoil in global trade relations, with major jurisdictions considering imposing tariffs on knitted products, inputs and related machinery.
One concern focuses on how the USA has proposed imposing 25% duties on a wide-range of China-made manufactured goods over alleged thefts of American intellectual property by Chinese industrialists.
The US Trade Representative (USTR) has released a draft list of China-made goods that would attract these duties - ...
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