By Kristi Ellis
“There is such a healthy trade relationship between the U.S. and EU in the consumer products sector, especially in apparel, footwear, handbags and home furnishings,” said Julia Hughes, president of the U.S. Association of Importers of Textiles & Apparel. “Everyone sees this as a real opportunity to eliminate duties and also deal with some of the regulatory burdens holding back trade between the EU and U.S. The industries are very equivalent and that is part of the excitement, because companies think they will quickly have many levels of benefits in the supply chain.”
