logo
Trump doesn't see a need to bring back textile manufacturing to the US

Trump doesn't see a need to bring back textile manufacturing to the US

Fashion United27-05-2025
President Donald Trump has stressed that his US tariff policies, impacting global trade and supply chains across several industries and financial markets, are intended to encourage and support domestic manufacturing of advanced technology and defense equipment, not consumer goods like t-shirts or sneakers.
Talking with reporters prior to boarding Air Force One in New Jersey last Sunday, Trump said that he "tended to agree" with comments made by Secretary Scott Bessent on April 29 that the US does not necessarily need to bring back textile manufacturing.
"I'm not looking to make T-shirts, to be honest. I'm not looking to make socks. We can do that very well in other locations," said Trump to reporters in New Jersey on May 25, reported Reuters. "We want to make military equipment. We want to make big things. We want to make, do the AI thing. We are looking to do chips and computers and lots of other things, as well as tanks and ships."
His comments have drawn feedback and criticism from American manufacturers, textile organizations, and producers of fibers, yarn, and other woven fabrics, including the American Apparel & Footwear Association (AAFA), who stressed that additional tariffs would only negatively impact the industry.
"With 97 percent of the clothes and shoes we wear being imported, and with clothes and shoes already the most highly tariffed industry in the US, we need to focus on common sense solutions that can move the needle," said Steve Lamar, president of the AAFA, in a statement. "More tariffs will only mean higher input costs for U.S. manufacturers and higher prices that will hurt lower-income consumers."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Crude finishes with 1% gain on supply concerns and US crude draws
Crude finishes with 1% gain on supply concerns and US crude draws

Reuters

time19 minutes ago

  • Reuters

Crude finishes with 1% gain on supply concerns and US crude draws

HOUSTON, July 24 (Reuters) - Oil prices rose 1% on Thursday as U.S. crude draws and expected cuts to Russian gasoline exports overwhelmed news that oil major Chevron (CVX.N), opens new tab will gain U.S. approval to renew production in Venezuela. Brent crude futures settled at $69.18 a barrel, up 67 cents or 0.98%. U.S. West Texas Intermediate crude futures finished at $66.03 a barrel, up 78 cents, or 1.20%. Crude fell in early afternoon trade on news that U.S. President Donald Trump's administration was preparing to allow limited oil operations in sanctioned OPEC nation Venezuela. Earlier in the session, WTI had been up more than a dollar and Brent crude came near that level. "The news about Chevron being able to go back into Venezuela and get oil going again just took the knees out of the market," said John Kilduff, partner at Again Capital LLC. Even so, Kilduff said the market did not expect the Trump administration would open up Venezuela to other U.S. oil companies. "This is a unique one-off," he added. Oil rebounded late in the session on news Russia was planning to cut gasoline exports to all but a few allies and nations like Mongolia, with which it has supply agreements. "Russia looking to cut off gasoline exports gave the market a boost," said Phil Flynn, senior analyst with Price Futures Group. "The market was looking for a reason to go higher." Also lifting futures was the previous day's report of a U.S. crude inventory draw and hopes for a trade deal between the U.S. and the European Union that would lower tariffs. U.S. Energy Information Administration data showed crude inventories fell last week by 3.2 million barrels to 419 million barrels, far exceeding analysts' expectations in a Reuters poll for a 1.6 million-barrel draw. "The U.S. crude inventory draw and the trade efforts are adding some support to prices," said Janiv Shah, an analyst at Rystad. On Wednesday, two European diplomats said the EU and the U.S. were moving toward a trade deal that could include a 15% U.S. baseline tariff on EU imports and possible exemptions. That could pave the way for another major trade agreement following a deal with Japan.

Starlink says it is experiencing network outage
Starlink says it is experiencing network outage

Reuters

time21 minutes ago

  • Reuters

Starlink says it is experiencing network outage

July 24 (Reuters) - Starlink was experiencing a network outage, Elon Musk's SpaceX-owned satellite internet company said on Thursday, with Downdetector showing that the service was down for thousands of users. "Starlink is currently in a network outage and we are actively implementing a solution," it said in a post on X. The service appeared to have experienced a "total outage" beginning around 3:13 p.m., according to Doug Madory, an expert at the internet analysis firm Kentik. He said such a sweeping interruption in service was unusual. "They haven't had one like this in a long time," Madory told Reuters. There were 29,789 incidents of people reporting issues with the service as of 4.07 p.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sources.

Canadian cities keep revoking MAGA singer's performance permits
Canadian cities keep revoking MAGA singer's performance permits

The Independent

time21 minutes ago

  • The Independent

Canadian cities keep revoking MAGA singer's performance permits

Cities across Canada have canceled tour performances from Sean Feucht, a right-wing Christian musician with ties to the Trump administration and the Republican Party. The cancellations include Quebec City, where the city said it pulled a contract for Feucht's planned free Friday show at the ExpoCité venue due to 'new elements.' "The presence of a controversial artist was not mentioned in the contract between ExpoCité and the promoter of the concert scheduled to take place on its site this Friday," the city said in a statement. Performances have also been canceled in Halifax, Charlottetown, and Moncton. All told, six performances have been canceled, according to the National Post, as Feucht has faced criticism from local groups and certain elected leaders. "The city should not make its spaces available to propaganda groups that insult our communities and seek to divide us on the basis of our identities," municipal official Jackie Smith from the Transition Quebec party said in a statement to the CBC. "We don't want this hatred in our neighbourhoods." Other localities, as well as Parks Canada, which canceled a planned show at the York Redoubt historic site, cited safety concerns about Feucht. On social media, Feucht said he was being persecuted for his religious and political views. 'Here's the hard truth: If I had shown up with purple hair and a dress, claiming to be a woman, the government wouldn't have said a word,' he wrote on X. 'But to publicly profess deeply held Christian beliefs is to be labeled an extremist—and to have a free worship event classified as a public safety risk.' Over the years, Feucht has flouted Covid guidelines, appeared at the Trump White House, referred to abortion as the 'devil's sacrifice,' and compared discussion of sexual identity in schools to sexual indoctrination and grooming. The musician and religious leader, who has restaged planned concerts in fields and alternative venues amid the cancellations, also said he was getting death threats against his family and said the opposition to his tour was part of the ' devil's same playbook' that saw worship services limited during the Covid pandemic. Feucht gained national notoriety in 2020 by leading combination worship service-protest concerts around the country at a time when large gatherings, including religious ones, were prohibited under many local public health regimes. Since then, the musician has become well-acquainted with prominent figures on the right, appearing this year to perform at the White House, as well as hobnobbing with the likes of Congresswoman Lauren Boebert, Defense Secretary Pete Hegseth, and Florida Governor Ron DeSantis. Last month, Feucht, who has said he wants 'God in control of government,' was accused by former associates of financial mismanagement and exploiting staff across his variety of nonprofits and ministries, while he and his organizations snapped up millions of dollars in property. Feucht called the allegations ' a complete sham ' and said they came from 'embittered former volunteers who have been attacking the ministry for over a decade.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store