Textile
| Trump vs Harris: The impact of US elections on textile industry
Pic: Adobe Stock
Insights
- Elections will impact the US textile industry, with both Trump and Harris holding similar trade policies, including potential bans on Chinese imports.
- Trump's trade policies and protectionism could disrupt supply chains, increasing costs, while Harris's focus on higher corporate taxes may raise production expenses.
- The textile sector, reliant on imports, needs trade agreements to sustain growth.