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Rising US tariffs disrupt global textile & apparel supply chains
The US administration’s tariff hikes on textile imports challenge global trade, impacting key suppliers like China, Vietnam, India, Bangladesh, and Indonesia. US importers seek alternatives, but higher costs and limited capacity hinder shifts. Reshoring faces labour and cost barriers, driving inflation. ITMF’s K V Srinivasan urges negotiation over unilateral tariffs.
The US administration’s tariff hikes on textile imports challenge global trade, impacting key suppliers like China, Vietnam, India, Bangladesh, and Indonesia.
US importers seek alternatives, but higher costs and limited capacity hinder shifts.
Reshoring faces labour and cost barriers, driving inflation.
ITMF’s K V Srinivasan urges negotiation over unilateral tariffs.
