Op-ed by NCTO’s Kim Glas: Dispelling the Section 301 China tariff-inflation myth

Jan 27, 2024

There is a misconception that the Section 301 China tariffs are raising consumer prices for apparel and contributing to inflation in the U.S. But nothing could be further from the truth, and new data and studies dispelling that notion come at a critical time in U.S. trade policy. Indeed, the tariffs on textiles and apparel are helping, by and large, to promote a more level playing field for American textile manufacturers and other sectors and serve as a tangible policy response to China’s unfair trade practices.

https://www.msn.com/en-us/money/markets/dispelling-the-section-301-china-tariff-inflation-myth/ar-BB1h5zuf?ocid=socialshare