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  • Trump Doubles Down on Threat to Raise Levies on All Chinese Imports

    27 days ago - By WWD

    No sector is safe.
    The fashion industry is already bracing itself to be hit by higher levies on Chinese imports in September and now it seems likely that more would follow soon after.
    In an interview aired on CNBC Friday morning, President Trump doubled down on his threat to raise levies on all Chinese imports to the U.S. if China further provokes the White House.
    He said he was “ready to go to 500” - referring to the $505.5 billion worth of Chinese imports that the U.S. accepted in 2017 - and insisted he was doing “the right thing” for the country after having “been ripped off by China...
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