The recent US tariffs on Chinese imports seem to have direct implications for fabrics and yarns, says a Coresight Research study. Apparel and footwear are largely excluded from the tariffs, but they could be affected if those extend to additional categories. For example, Chico’s FAS and G-III Apparel Group, which source heavily from China, may be affected. The US fabrics industry is likely to benefit from the tariffs, given the steady stream of exports to China. Such exports increased from $351 mn in 2014 to $453 mn in 2017, according to the study.

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