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The potential additional tariffs on EU goods by the U.S. could escalate transatlantic trade tensions, impacting the textile sector. The EU is a major market for U.S. textile exports, and higher tariffs would raise costs for American textile manufacturers and exporters. Additionally, the EU might retaliate, targeting U.S. textile imports, thereby disrupting supply chains and trade flows. This policy uncertainty could lead to shifts in sourcing strategies, with companies seeking alternative markets or adjusting inventories to mitigate risks. Overall, the textile industry may face increased costs
※ Opinion by KEFINE Insight