U.S. apparel, footwear industry opposes likely Trump tariffs on China [Reuters]
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Reuters
U.S. apparel, footwear industry opposes likely Trump tariffs on China | Reuters 3 Min Read WASHINGTON, March 20 (Reuters) - The U.S. apparel and footwear industry on Tuesday joined the growing list of opponents in corporate America to the sweeping tariffs that President Donald Trump is expected to impose this week on goods imported from China. The American Apparel and Footwear Association (AAFA), many of whose members rely on imports, sent a letter to the White House along with 16 other related business groups objecting to the tariffs. AAFA members include VF Corp, Tapestry Inc, HanesBrands Inc and Ralph Lauren Corp. The group’s letter followed one sent Sunday by 45 trade groups objecting to Trump’s expected announcement implementing the new tariffs. The AAFA letter also followed one sent Monday from more than 20 large retailers opposing the tariffs. Additionally, more than 80 shoe companies wrote a letter echoing the anti-tariff sentiments. The Trump administration is said to be prep
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VFC
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