AAFA issues tariff uncertainty warning

The constant cycle of deadline delays and vague deal terms surrounding the imposition of US tariffs on China is continuing to stifle innovation, strategic decision-making, and long-term growth in the US textile and apparel industry, the American Apparel & Footwear Association has warned.

Welcoming the recent announcement to extend the ‘tariff truce’, AAFA president and CEO, Steve Lamar, said that while the trade association appreciated the administration’s continued engagement with China, and that the extension of the pause on heightened tariffs would help avert devastating consequences like product elimination and business closures, the pattern of negotiations was keeping American companies and consumers “stuck in the same holding pattern”.