WASHINGTON, DC – This evening, President Trump announced that he would move forward with tariffs on an additional $200 billion worth of goods from China, including several fashion and consumer products.
The United States Fashion Industry Association (USFIA) strongly opposes this action. In addition to amounting to a tax on consumers, these tariffs will add considerable disruption to the supply chain; the fact that the tariffs will start at 10 percent now and will rise to 25 percent on January 1st creates additional chaos in the fashion industry’s supply chains, which will have a wide-ranging negative impact on consumers, companies, and jobs in the United States. We urge the Trump Administration to reconsider this decision, and we will continue to join with our members and other industry groups to fight back on this tax on consumers and businesses.
“These tariffs on imports of textiles, apparel, and accessories do little to punish China for its intellectual property and technology transfer practices but do a lot to harm American fashion brands and retailers as well as consumers of their products,” said USFIA President Julia K. Hughes. “These tariffs are a direct tax on the American consumer—and will affect consumers at all income levels, from the single parent struggling to make ends meet as they purchase back-to-school necessities for their kids, to the consumer of high-end fashion manufactured in the United States, and every American family in between.”
Read USFIA’s testimony on this list of tariffs: https://www.usfashionindustry.com/policy/global-trade/usfia-testifies-at-ustr-s-301-hearing-in-august-2018
Read USFIA’s statement and post-hearing testimony about this list of tariffs: https://www.usfashionindustry.com/press/press-releases/usfia-files-post-hearing-comments-on-third-list-of-china-301-tariffs
Read about national, multi-industry efforts to fight these tariffs: https://www.usfashionindustry.com/press/press-releases/u-s-fashion-industry-joins-national-campaign-to-fight-taxes-on-consumers