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EURATEX urges fair trade amid US tariff concerns
The US is the EU’s 5th largest trading partner, with trade topping €9 billion (~$9.98 billion). EURATEX warns a proposed 20 per cent US tariff on EU textiles could harm this relationship. Director general Dirk Vantyghem says it risks a ‘lose-lose’ outcome and urges both sides to uphold fair trade and promote sustainable, high-quality textiles.
The US is the EU’s 5th largest trading partner, with trade topping €9 billion (~$9.98 billion).
EURATEX warns a proposed 20 per cent US tariff on EU textiles could harm this relationship.
Director general Dirk Vantyghem says it risks a ‘lose-lose’ outcome and urges both sides to uphold fair trade and promote sustainable, high-quality textiles.
