HK CLOTHING MANUFACTURERS WILL NOT SUFFER SERIOUS DAMAGE FORM NEW US LABELLING RULES, CLAIMS TRADE AGENCY
August 2nd, 2020
HONG Kong textile industry observers are confident that an announcement by US Customs and Border Protection (CBP) that imported goods produced in Hong Kong must from September 25 be marked as ‘made-in-China’ will not significantly harm clothing traders and manufacturers operating from the territory.
A key reason, said Louis Chan, assistant principal economist (global research) for the Hong Kong Trade Development Council (HKTDC), an HK government agency, is “there shall be no change to the US import tariffs on HK origin or processed apparel, before and ...
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