China Versus the United States

Who has the most to gain (or lose) in apparel?

With the end of textile quotas, China is set to impose tariffs on six categories of products. Should the U.S. government be encouraged by these tariffs? How do they compare to historical quotas? How important is the apparel and textile industry to the U.S. economy? To the Chinese economy? Which government will fight the hardest for or against safeguards? Who has the most to win or lose?

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