China And US Trade War Will Affect The Textile Industry


On May 9th of this month, the U.S. government announced that since May 10, 2019, $200 billion listing of goods imported from China imposed on the tariff rate from 10% to 25%, which is included almost all kinds of textile yarn, fabric, knitting, industrial products and some household textiles and textile machinery products, these products exports to the United States more than $4 billion a year, so far two lists almost covered all textile industry and clothing products of all exports to the U.S., total about $45 billion.