AAFA is encouraged by the news of a 90-day cease fire in the US-China trade war – following the meeting between President Trump and President Xi on the sidelines of the G20 in Argentina recently.
In a statement American Apparel & Footwear Association President and CEO Rick Helfenbein said the resumption of talks between the US and China is encouraging for the industry.
AAFA is pleased that American consumers have been protected from additional tariffs on most of its products to date. This 90-day reprieve on increased and future tariffs will lead to the swift removal of the punitive tariffs already imposed by the administration. The association will continue to emphasise to the administration the need to stop taxing American consumers to the detriment of its retail economy.