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The European Textile And Clothing Industry (EURATEX) Statement Regarding US Tariffs

Summary by textileworld.com
BRUSSELS — April 3, 2025 — The US is EU  5th most important trading partner, with total trade exceeding €9 billion. American customers enjoy high end fashion items, but also technical textiles coming from Europe. Adding a 20% duty will hamper that relationship. EURATEX Director General Dirk Vantyghem warned against this tariff escalation: “This decision is like going back in time; it will lead to a loose-loose relationship within the global text…
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The European Textile And Clothing Industry (EURATEX) Statement Regarding US Tariffs

BRUSSELS — April 3, 2025 — The US is EU  5th most important trading partner, with total trade exceeding €9 billion. American customers enjoy high end fashion items, but also technical textiles coming from Europe. Adding a 20% duty will hamper that relationship. EURATEX Director General Dirk Vantyghem warned against this tariff escalation: “This decision is like going back in time; it will lead to a loose-loose relationship within the global text…

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textileworld.com broke the news in on Thursday, April 3, 2025.
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