SMART TEXTILES TARIFFS AND DUTIES – DEEP DIVE
April 26th, 2022
INTRODUCTION
In the competitive and innovative world of smart textile manufacturing and sale, companies strive to maximise functionality and minimise costs. Their ingenuity is the basis of their competitiveness. But as with all industries, some costs are out of their control. Given smart textiles very much comprise an international market, the rate of tariffs charged on their export is of key importance to securing overseas sales. The same issue applies to any critically important input that manufacturers must import to make a functional product – if ...
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