USA DELAYS SOME PLANNED TEXTILE DUTIES, BU TRADE WAR STILL INCREASING TENSION IN CHINESE TEXTILE SECTOR
August 1st, 2019
THE CHINESE textile sector has been forced into considerable and increasing uncertainty by the trade war launched by US President Donald Trump, which will intensify when planned 10% additional tariffs are launched on September 1, and – as announced today (August 13), on December 15.
The September 1 duties still cover a large number of clothing industry lines, as per the previous draft list of duties, with an announcement of the US Trade Representative (USTR) office stressing that they would also include duties on China-made ...
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