FOR IMMEDIATE RELEASE
WASHINGTON, D.C. – May 14, 2024 – The following statement is on behalf of the United States Fashion Industry Association in response to today’s release of the statutory China Section 301 tariff review.
We are disappointed that the Biden Administration and the United States Trade Representative have chosen to continue to rely on higher tariffs as the only policy to force China to change its trade practices. Continuing the 301 tariffs on consumer products such as apparel, footwear, and travel goods raises prices for American families and contributes to inflation. Since the 301 tariffs went into effect, American businesses and consumers have been paid more than $215 billion in higher tariffs – not China.
We need a new strategy that addresses the core issues and offers real incentives to continue the shift in supply chains away from China. We call on the Biden Administration and Congress to work together to craft a more strategic approach to holding China accountable that does not target U.S. retailers, consumers, and our economy.
USFIA Media Contact:
Stephanie Gauzens
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About the United States Fashion Industry Association
The United States Fashion Industry Association (USFIA) is dedicated to fashion made possible by global trade. USFIA represents textile and apparel brands, retailers, importers, and wholesalers based in the United States and doing business globally; working to eliminate tariff and non-tariff barriers that impede the industry’s ability to trade freely and create economic opportunities in the United States and abroad with the goal of doing what we can to make the world a better place for our customers, our colleagues, and our suppliers.