Trump Tariffs Impacts On The Global Textile And Apparel Market: Striking A Blow After 80 Years Of Liberalisation Of Trade

(MENAFN- GlobeNewsWire - Nasdaq) President Trump announces a minimum 10% tariff on US imports and higher tariffs on imports from 57 countries, including China, triggering global economic challenges. Targeted at manufacturers, brands, and trade bodies, this report dives into the implications of these tariffs on textiles and more.

Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Editorial: Trump tariffs strike a blow after 80 years of liberalisation of global textile and apparel trade" report from Textiles Intelligence Ltd. has been added to ResearchAndMarkets.com's offering.

On April 2, 2025, President Trump announced a minimum 10% additional tariff on all US imports-and higher additional tariffs on imports from 57 countries, notably China.

The announcement of these so-called "reciprocal tariffs" prompted retaliation from trade partners and triggered a stock market crash. After 80 years of progressive trade liberalisation aimed at fostering global economic growth, the move by President Trump has struck a severe blow. There is little doubt that the main focus of the so-called Trump tariffs is China, the world's largest exporter and the world's second largest economy. President Trump has stated and repeated that he expects China to "eat" the tariffs.
After a series of tit-for-tat escalations between the USA and China, resulting in the imposition of additional tariffs of 145% on US imports from China, there are signs of a softening in the USA's position. In particular, it has been admitted by President Trump that the tariff percentage is "very high" and, moving forward, it won't be anywhere near that come down substantially, but it won't be zero.

Who should buy this report?

• Manufacturers of fibres, textiles, clothing and chemicals
• Textile and clothing machinery manufacturers - spinning, weaving, knitting, sewing and import/export
• Textile and clothing brands and retailers like Adidas, H&M etc.
• Educational institutions like universities, fashion schools etc.
• Business consultancy firms
• Textile and clothing trade associations
• Government trade bodies

Key Topics Covered:
INTRODUCTION

• An End To 80 Years of Trade Liberalisation?
• Impact of The Tariff Hikes On The US Economy
• Will There Be A US Recession?
• When America Sneezes, The Rest of The World Catches A Cold
• Trade Liberalisation: Comparative Advantage Vs Competitive Advantage?
• The Rise And Fall of China?

CONCLUSION
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