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04.05.2025

U.S. Textile Industry thanks Trump administration for closing de minimis loophole for Chinese imports

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber, yarn and fabrics to finished sewn products, issued the following statements from NCTO President and CEO Kim Glas and several U.S. textile executives in support of President Trump’s order closing de minimis for China, effective May 2.

National Council of Textile Organizations (NCTO) President and CEO Kim Glas

“We are grateful to President Trump and his administration for closing the destructive de minimis loophole that has allowed unsafe and illegal Chinese goods—including goods made with forced labor—to flood the U.S. market duty-free and largely unchecked for years.

“This loophole, largely exploited by Chinese e-commerce giants and others to skirt U.S. tariffs, regulations and laws, has contributed to the closure of 28 textile mills in the past 22 months.

“The U.S. textile industry is a critical and strategic sector, supplying more than 8,000 products to the U.S. military, as well as industrial and commercial markets, while supporting local communities across country, and employing 471,000 workers nationwide.

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber, yarn and fabrics to finished sewn products, issued the following statements from NCTO President and CEO Kim Glas and several U.S. textile executives in support of President Trump’s order closing de minimis for China, effective May 2.

National Council of Textile Organizations (NCTO) President and CEO Kim Glas

“We are grateful to President Trump and his administration for closing the destructive de minimis loophole that has allowed unsafe and illegal Chinese goods—including goods made with forced labor—to flood the U.S. market duty-free and largely unchecked for years.

“This loophole, largely exploited by Chinese e-commerce giants and others to skirt U.S. tariffs, regulations and laws, has contributed to the closure of 28 textile mills in the past 22 months.

“The U.S. textile industry is a critical and strategic sector, supplying more than 8,000 products to the U.S. military, as well as industrial and commercial markets, while supporting local communities across country, and employing 471,000 workers nationwide.

“Today’s action by the administration is an important step forward to help rebalance the playing field for American manufacturers, preserve good-paying American manufacturing jobs, spur more investment and innovation in manufacturing facilities here at home, and close the backdoor to China once and for all.

“We urge the administration and Congress to move swiftly to end de minimis for commercial shipments from all countries to prevent circumvention and to make sure Made in China products cannot enter the United States through third countries. The U.S. textile industry stands ready to assist the administration as it continues its work to end the de minimis exemption and implement this critical provision.”

Anderson Warlick, Chairman and CEO of Parkdale Mills
“The de minimis loophole has impacted our businesses and our workforce significantly. Roughly half of de minimis shipments contain textile and apparel products which get an unfair competitive advantage at our expense. Illegal products like fentanyl and products made with Uyghur forced labor come into the United States under the de minimis exemption, causing economic damage and impacting the lives of many Americans.

“I am pleased to see President Trump take action to eliminate de minimis for products from China, and I encourage the administration to end de minimis for imports from all countries so we textile manufacturers can compete on a more level playing field.”

Amy Bircher Bruyn, CEO & Founder of MMI Textiles
“The de minimis loophole has wreaked havoc on the U.S. textile industry by enabling duty-free access for massive volumes of fast fashion imports, largely from China. This policy undermines American manufacturers who play a critical role in our national security and industrial resilience.

“At MMI Textiles, we employ 39 direct team members and support an additional 21 indirect workers — including a printer of camouflage patterns who operates exclusively within our NC facility, summer interns who represent the next generation of textile leaders, and specialized industry consultants. More broadly, through our robust contract manufacturing network, we directly support hundreds of jobs across the U.S. supply chain. Our company is a catalyst for employment and innovation in domestic textiles, producing essential components for U.S. military and law enforcement applications.

“The U.S. textile industry is vital to our nation’s industrial base. We supply the U.S. military, and during the COVID-19 pandemic, our industry pivoted rapidly to manufacture lifesaving PPE for frontline workers. Despite these contributions, the current de minimis threshold has created an unfair advantage for foreign competitors, particularly China, by allowing them to bypass duties and flood the market with underpriced goods — at the direct expense of American jobs.

“I am encouraged by President Trump’s commitment to ending de minimis eligibility for Chinese imports. I urge the administration to move swiftly to eliminate this loophole for all imports and restore a level playing field that protects U.S. manufacturing, jobs, and national security.”

Ron Sytz, CEO of Beverly Knits
“I am truly thankful to President Trump for closing the de minimis loophole for Chinese imports. This loophole has been devastating to my family’s 44-year-old textile manufacturing business in Gastonia, North Carolina, forcing us to lay off 175 workers and significantly reduce capacity in our plants. We can’t compete against subsidized imports from China that enter the U.S. duty free through the de minimis loophole. With the administration’s action, our company which provides hundreds of jobs and supports our community and the U.S. economy, will once again have a level playing field that will allow us to expand, invest and hire more associates here in the United States.”

30.04.2025

U.S. Textile Industry (NCTO) Sends Letter to Treasury Secretary Scott Bessent

The National Council of Textile Organizations (NCTO) sent a letter to Treasury Secretary Scott Bessent, following remarks the Secretary made about the U.S. textile industry at this morning’s White House daily press briefing:

 

Dear Mr. Secretary:

On behalf of the U.S. textile industry and our 471,000 American workers, we appreciate the Trump administration’s efforts to advance an America First Trade Policy to reshore high-quality industrial jobs by addressing unfair trade practices that have harmed U.S. manufacturers and workers for decades. As you may know, our industry publicly endorsed President Trump’s America First Reciprocal Trade Plan and the White House included our endorsement in its April 3 press release highlighting statements of support for the president’s initiative.

The National Council of Textile Organizations (NCTO) sent a letter to Treasury Secretary Scott Bessent, following remarks the Secretary made about the U.S. textile industry at this morning’s White House daily press briefing:

 

Dear Mr. Secretary:

On behalf of the U.S. textile industry and our 471,000 American workers, we appreciate the Trump administration’s efforts to advance an America First Trade Policy to reshore high-quality industrial jobs by addressing unfair trade practices that have harmed U.S. manufacturers and workers for decades. As you may know, our industry publicly endorsed President Trump’s America First Reciprocal Trade Plan and the White House included our endorsement in its April 3 press release highlighting statements of support for the president’s initiative.

We are writing to request a meeting at your convenience with our top industry leaders. We noted your comments today during the press conference that “President Trump is interested in the jobs of the future, not the jobs of the past. We don't need to necessarily have a booming textile industry where I grew up again, but we do want to have precision manufacturing and bring that back.” Our industry saw your remarks and were disheartened to hear this sentiment, especially since this industry has been noted by President Trump himself on a number of occasions as critical and strategic. The U.S. textile industry was proud to make lifesaving PPE during the first Trump Administration in response to COVID. The U.S. proudly makes over 8,000 different products to the U.S. military alone to ensure we do not have to rely on foreign adversaries to make essential products. This is a strategically important, relevant, and key industry – which is why we were pleased the White House amplified the industry again in its press release on reciprocal tariffs.´

Today we write to underscore the importance of our industry and the jobs it offers to thousands of workers, sustaining communities across the United States. The U.S. textile industry provides much-needed employment in rural areas and has functioned as a springboard for workers out of poverty into good-paying jobs for generations, including in your home state of South Carolina. Last year, the multifaceted U.S. textile supply chain directly employed 471,000 workers and produced shipments of man-made fiber, yarns, fabrics, apparel and non-apparel sewn products valued at $64 billion.

The United States exported $28 billion worth of textile-related goods to global markets in 2024, making it the second largest exporter of textile and apparel products in the world. Most U.S. textile exports go to Canada, Mexico, or other Western Hemisphere countries with which the United States has a free trade agreement for finishing and return to the U.S. as apparel. This vibrant production supply chain with our closest trading partners competes directly against imports from China and other countries in Asia that often deploy unfair, predatory trade practices, such as subsidized production, dumped exports, intellectual property theft, undervalued currency, abhorrent labor abuses, and unsustainable environmental practices.

Our industry proudly remains a world leader in textile innovation with unparalleled breadth and scope of manufacturing capabilities. Over the past 10 years, the U.S. textile industry made $22.3 billion in capital investments in pursuit of the latest innovations related to sustainability and production. This focus on innovation enables the industry to create tens of thousands of products including apparel, industrial textiles, and home furnishings.

With the right policies, the Trump administration can encourage the U.S. textile industry to reinvest in America, preserve and grow our existing workforce, and spur greater production and sales of American-made textiles now and in the future.

We would like to meet at your convenience to discuss the critical nature of the U.S. textile industry and how the Administration can help this key supply chain onshore jobs. Thank you for your consideration of this timely request.

Respectfully,
Kimberly Glas, President and CEO

Weitere Informationen:
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Quelle:

NCTO

Grafik Postbank Medien
16.12.2024

Finanzen 2025: Deutsche wieder optimistischer

Das vorzeitige Ende der Ampel und der Ausgang der US-Wahl verunsichern die Verbraucher – viele können nicht einschätzen, wie sich diese Ereignisse auf ihre finanzielle Situation auswirken werden. Dennoch sind viele Deutsche optimistisch, dass sich ihre Finanzen im kommenden Jahr positiv entwickeln. Das hat eine Umfrage der Postbank ergeben.

Auch wenn derzeit die Risiken für die Konjunktur im Euroraum und besonders für Deutschland durchaus Anlass zur Sorge bieten, sind knapp 48 Prozent der Bundesbürger optimistisch, dass sich ihre finanzielle Situation – also Einkommen, Ersparnisse, Geldanlage und Ausgaben – im kommenden Jahr positiv entwickelt. Zu diesem Ergebnis kommt das „Stimmungsbarometer“ der Postbank, eine repräsentative Umfrage, die seit 2019 jährlich am Ende des Jahres durchgeführt wird.

Das vorzeitige Ende der Ampel und der Ausgang der US-Wahl verunsichern die Verbraucher – viele können nicht einschätzen, wie sich diese Ereignisse auf ihre finanzielle Situation auswirken werden. Dennoch sind viele Deutsche optimistisch, dass sich ihre Finanzen im kommenden Jahr positiv entwickeln. Das hat eine Umfrage der Postbank ergeben.

Auch wenn derzeit die Risiken für die Konjunktur im Euroraum und besonders für Deutschland durchaus Anlass zur Sorge bieten, sind knapp 48 Prozent der Bundesbürger optimistisch, dass sich ihre finanzielle Situation – also Einkommen, Ersparnisse, Geldanlage und Ausgaben – im kommenden Jahr positiv entwickelt. Zu diesem Ergebnis kommt das „Stimmungsbarometer“ der Postbank, eine repräsentative Umfrage, die seit 2019 jährlich am Ende des Jahres durchgeführt wird.

Dr. Ulrich Stephan, Chefanlagestratege für Privat- und Firmenkunden der Postbank, erklärt die Verbesserung der Verbraucherstimmung: „Die Corona-Pandemie liegt mittlerweile einige Zeit hinter uns und auch die Inflation ist deutlich zurückgegangen. Da die Realeinkommen – also die Einkommen unter Berücksichtigung der Inflation – wieder steigen, sind die Menschen positiver gestimmt. Allerdings ist die hohe Sparquote ein Hinweis darauf, dass die Verunsicherung immer noch groß ist.“ Die Sparquote gibt an, wie viel Prozent des verfügbaren Einkommens Verbraucher zurücklegen. Diese lag im ersten Halbjahr 2024 bei 11,1 Prozent und damit einen Prozentpunkt über dem Niveau des Vorjahres. „Ein Grund für die wachsende Sparbereitschaft ist die erhöhte Vorsicht der Verbraucher – auch mit Blick auf die derzeit schwache Konjunktur und die Unsicherheit am Arbeitsmarkt“, sagt Dr. Ulrich Stephan. „Auch die gestiegenen Zinsen animieren zum Sparen.“

Während die Gesamtbevölkerung immer zuversichtlicher in die Zukunft blickt, bessert sich die Stimmung in den unteren Einkommensgruppen allerdings noch nicht, im Gegenteil: 2023 waren knapp 35 Prozent der Befragten mit einem Einkommen unter 2.500 Euro mit Blick auf ihre Finanzen zuversichtlich, aktuell sind es hingegen nur knapp 33 Prozent. Im Vergleich dazu stieg der Anteil der Optimisten unter den Menschen mit höherem Einkommen von knapp 53 Prozent im Vorjahr auf aktuell knapp 61 Prozent.

Ampel-Aus und Trump-Wahl
Der Bruch der Ampel-Koalition und die anberaumten Neuwahlen sorgen bei vielen Verbrauchern erneut für Verunsicherung: Knapp jeder zweite Deutsche (41 Prozent) kann nicht einschätzen, wie sich diese Situation auf seine Finanzen auswirken wird. Jeder vierte (25 Prozent) meint, dass seine Einkünfte, Ersparnisse und Geldanlagen davon unberührt bleiben. Jeder fünfte (19 Prozent) geht von einem negativen Einfluss aus, nur jeder achte (zwölf Prozent) von einem positiven. Um diese Stimmungslage zu verbessern, sei entscheidend, dass die vorgezogene Bundestagswahl klare Mehrheiten ergebe und zeitnah eine neue Regierung gebildet werden kann, meint Dr. Ulrich Stephan. „Dann wird es darauf ankommen, welche Weichenstellungen in der Wirtschafts- und Sozialpolitik vorgenommen werden. Ich könnte mir vorstellen, dass – analog zur Haltung der neuen EU-Kommission – der Fokus stärker auf Beschäftigung und Wirtschaftswachstum gelegt wird.“

Auch die Wiederwahl Donald Trumps sorgt für Ungewissheit mit Blick auf die Geldangelegenheiten der Verbraucher: Gut jeder dritte Deutsche (38 Prozent) kann nicht einschätzen, wie sich der Ausgang der US-Wahl auf seine finanzielle Situation auswirken wird, so die Postbank Umfrage. Jeder dritte (32 Prozent) glaubt, dass er keine Auswirkungen auf seine Finanzen spüren wird, jeder fünfte (18 Prozent) befürchtet eine Verschlechterung, jeder elfte (neun Prozent) hofft auf eine Verbesserung. Der designierte US-Präsident hatte unter anderem angekündigt, US-Militärhilfen für Europa zu kürzen und EU-Importe mit höheren Zöllen zu belegen. „Sollte der kommende US-Präsident diese Maßnahmen umsetzen – und davon gehe ich aus – müssen Europa und auch Deutschland erwachsen werden“, sagt Dr. Ulrich Stephan. „Dazu gehören auch höhere Ausgaben für die Verteidigung.“ Zölle auf US-Importe würden gerade Deutschland hart treffen, da die Vereinigten Staaten derzeit für Deutschlands Exportwirtschaft so wichtig sind wie selten zuvor – das belegen Daten des Statistischen Bundesamts. Demnach gingen 2023 knapp zehn Prozent der deutschen Exporte in die USA. „Sollte die EU mit eigenen Zöllen antworten, werden die entsprechenden Güter in Europa teurer und die Inflation steigt“, ergänzt der Postbank Experte.

Quelle:

Postbank Medien