The tariffs that the U.S. imposed on Chinese imports helped rescue a stranded textile industry in the U.S. that had been devastated by decades of free trade, along with mass layoffs of domestic textile workers.
Joseph Ferrara, CEO of Ferrara Manufacturing, said tariffs on Chinese imports have helped revive his New York City, N.Y.-based manufacturing business. Those tariffs include tariffs on textile products from China first imposed by former President Donald Trump and continued by President Joe Biden.
“The private label business was once a very strong and thriving business for us, and we’re starting to see that come back because of the tariffs and the tariffs,” Ferrara said. Said of The Wall Street Journal.
The tariffs come as welcome news to the U.S. textile industry, which has enjoyed decades of free trade policies since China was admitted into the World Trade Organization in 2001.
“Over the past 25 years, apparel has seen the largest decline among manufacturing industries, dropping 85 percent,” the Bureau of Labor Statistics said. report Statistics from 2017 revealed that “textile mill employment fell by 76 percent during this period.”
Jay Self, president of Greenwood Mills, said: journal His family-owned manufacturing company once made denim for Levi Strauss, but as a result of free trade policies, it has closed seven manufacturing facilities since 1998 and switched to making uniforms for the U.S. military.
“As a company in this country, we can’t compete effectively with China,” Self said. journal“They just undercut our price.”
Self and Kimberly Glass of the National Textile Council. journal More needs to be done to support the American textile industry, including higher tariffs.
Biden recently Announced Following increased tariffs on Chinese imports, President Trump has vowed to impose flat tariffs on all foreign imports to protect American manufacturing and workers in low-wage countries.
“I’m going to put across-the-board tariffs on foreign goods,” Trump said during the campaign, “and I’m going to pass the Trump Reciprocal Trade Act. If China or any other country puts a 100% or 200% tariff on us, we’re going to put a 100% or 200% reciprocal tariff on them.”
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter. here.
