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US' ‘Liberation Day’ tariffs undermine industry stability, warns AAFA
AAFA has criticised White House’s ‘Liberation Day’ tariff hike, warning it will raise costs for US companies and consumers. CEO Lamar called the move regressive and inflationary, noting tariffs on apparel were already disproportionately high. He warned the new policy will disrupt supply chains, harm US manufacturers reliant on foreign inputs and invite retaliatory tariffs that threaten US exports.
AAFA has criticised White House’s ‘Liberation Day’ tariff hike, warning it will raise costs for US companies and consumers.
CEO Lamar called the move regressive and inflationary, noting tariffs on apparel were already disproportionately high.
He warned the new policy will disrupt supply chains, harm US manufacturers reliant on foreign inputs and invite retaliatory tariffs that threaten US exports.
