WASHINGTON — Importer and textile groups are pushing for two opposing approaches to tariff reductions in the current round of global trade talks.
Importers are urging the Bush Administration to obtain zero duty rates on apparel and textile imports from the 143 World Trade Organization member nations in exchange for the U.S. reducing its own duties to zero. The domestic textile industry, however, is opposed to that approach. Textile officials are requesting the U.S. demand WTO nations to lower their tariffs to U.S. levels.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)