National council of textile Organization representing domestic textile manufacturers appealed and succeeded at the removal of all textile machinery products from the final list of tariff lines as the tariffs would hinder the US textile manufacturer’s competitiveness.
Mr Auggie Tantillo, NTCO president and CEO said, “NCTO is pleased that some textile products are on the second list. It would have a greater deterring effect, however, if more textile and apparel end products were included.”
However, National Retail Federation (NRF) criticized the imposed tariffs on American consumers since it will strain families working on a budget by raising consumer prices.
Mr Matthew Shay, NRF president and CEO said, “Tax reform has increased the paychecks of American workers, encouraged US companies to expand and invest in their workforces, and unleashed the strongest levels of consumer confidence in a generation. Unfortunately, these tariffs and the retaliation China has promised put all this economic progress at risk. Once again, we urge the administration to change course and develop a clear and comprehensive strategy to hold China accountable.”
