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Friday, March 29, 2024

China Textile and Apparel Council concerned about escalating trade friction with U.S.

Apparel Council and China National Textile said that it was deeply concerned about the escalating trade friction between China and the United States.

The council also said it resolutely against additional U.S. tariffs on China’s textile and textile equipment exports, according to a statement on its website.

Washington last week imposed 25% tariffs on $34 billion of Chinese imports, drawing rapid retaliatory duties by Beijing on the same amount of U.S. exports to China.

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