×
78 034
Fashion Jobs
ATHLETA
Assistant Manager - The District
Permanent · Henderson
ATHLETA
General Manager - Old Orchard
Permanent · Skokie
SAKS OFF 5TH
Supply Chain Analyst
Permanent · WILKES-BARRE
SAKS
sr Cyber Security Operation Center (Csoc) Analyst
Permanent · NEW YORK
SAKS
Overnight Shift Operations Manager
Permanent · LA VERGNE
MACY'S
Asset Protection Security Guard, Kings Plaza - Full Time
Permanent · New York
MACY'S
sr. Manager, Price Strategy
Permanent · New York
MACY'S
Asset Protection Security Guard, Herald Square - Full Time
Permanent · New York
MACY'S
Asset Protection Detective, Bellingham Bellis Fair - Full Time
Permanent · Bellingham
MACY'S
Asset Protection Detective, Woodbridge Center - Full Time
Permanent · Woodbridge Township
MACY'S
Asset Protection Detective, Staten Island - Full Time
Permanent · New York
MACY'S
Asset Protection Detective, Security Square - Flex
Permanent · Baltimore
MACY'S
Asset Protection Detective, Streets of South Point - Full Time
Permanent · Durham
MACY'S
Asset Protection Detective, Queens Center - Full Time
Permanent · New York
MACY'S
Asset Protection Security Guard, Topanga - Standard Part Time
Permanent · Los Angeles
MACY'S
Asset Protection Detective, State Street - Full Time
Permanent · Chicago
MACY'S
Asset Protection Detective, University Town Center - Full Time
Permanent · Sarasota
MACY'S
Asset Protection Detective, Walt Whitman - Full Time
Permanent · Huntington Station
MACY'S
Manager, Merchandise Execution
Permanent · Las Vegas
MACY'S
Manager, Asset Protection
Permanent · Columbia
MACY'S
Asset Protection Detective, Aventura - Full Time
Permanent · Aventura
ABERCROMBIE AND FITCH CO.
Asset Protection Agent
Permanent · San Francisco
By
Fibre2Fashion
Published
Aug 3, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chinese, US textile trade groups oppose protectionism

By
Fibre2Fashion
Published
Aug 3, 2018

Chinese and US textile and apparel groups expressed concern over the escalating trade conflict and their opposition to protectionism during a trade show in New York recently. The conflict is not going to benefit US consumers and fashion brands or Chinese manufacturers, according to Xu Yingxin, vice-president of the China National Textile and Apparel Council.


Tariff increases will bring uncertainty to the stable global supply chain for top brands, an official Chinese newspaper reported quoting Xu’s remarks at the show's opening ceremony.

The council organized the 2018 China Textile and Apparel Trade Show New York with Messe Frankfurt North America. About 1,000 exhibitors from 17 countries attended the event, with more than 600 from China.

About 1,000 types of products listed in the textile and apparel category are part of the $200 billion in Chinese imports potentially subject to 10 per cent tariffs imposed by the Office of the US Trade Representative (USTR).

Hearings will be held August 20-23 before a final decision will be arrived at in August end.

The products in the textile and apparel category in the US tariff list are raw materials like yarns, fabric, silk, cotton, lace, embroidery, and total about $4 billion, Xu said.

According to the annual survey of Washington-based United States Fashion Industry Association (USFIA), which represents brands and retailers, a protectionist US trade agenda is the top concern for the US fashion industry for the second year in a row.

Companies are very concerned about broader implications of protectionism for the US economy, consumers and the global economy, USFIA president Julia Hughes said.

She said most sourcing executives feel there aren't enough viable options to replace China, according to the Chinese newspaper report.

China and US textile and apparel trade hit more than $44 billion in 2017 compared with $4.9 billion in 2001.

China remains the biggest textile exporter to the US, while the US is the No. 1 export market for China's textile industry, accounting for 17 percent of China's exports in the industry.

Copyright © 2022 Fibre2Fashion. All rights reserved.