Textile Industry Shattered by China Trade Embraces Trump Crusade
- Producers asking for U.S. tariffs on additional Chinese goods
- ‘This is what President Trump campaigned on,’ trade group says
This article is for subscribers only.
While there’s no shortage of doom and gloom coming from corporate America about President Donald Trump’s trade war with China, there is at least one U.S. industry cheering him on: textiles.
After decades of shedding thousands of jobs and closing factories as the U.S. opened up trade with China and other countries, textiles stabilized in recent years. And just as the sector was trying to invigorate growth, along came a presidential candidate pledging to revive American manufacturing.