News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
US Tariff Policy Not Aimed at Bringing Back Sneaker & T-shirt Manufacturing, Says Trump
US President Donald Trump stressed that his tariff policy is intended to boost domestic production of tanks and technology products rather than sneakers and T-shirts, foreign media...
Reset
Send
The window will close in 5 seconds
US Tariff Policy Not Aimed at Bringing Back Sneaker & T-shirt Manufacturing, Says Trump
Close
Recommend
14
Positive
29
Negative
22
 
SHORT SELL
 
STOCK INFO

US President Donald Trump stressed that his tariff policy is intended to boost domestic production of tanks and technology products rather than sneakers and T-shirts, foreign media reported.

Trump agreed with remarks made by US Treasury Secretary Scott Bessent on April 29. Bessent said that the US does not necessarily need a booming textile industry, which was then criticized by the National Council of Textile Organizations.

Related NewsMacquarie Drops LENOVO GROUP (00992.HK) TP to $14.10, Rating Outperform
Instead of looking to manufacture sneakers and T-shirts, the US wants to produce military equipment, build large-scale products, and develop AI in the computer sector, Trump added.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.