The National Council of Textile Organizations (NCTO) Statement On Administrations 90-Day Tariff Deferral
The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished products, issued a statement from NCTO President and CEO Kim Glas today, voicing concern over the administrations executive order instituting a non-reciprocal 90-day deferral on certain tariffs. The temporary postponement of duties does not apply to products with antidumping or countervailing duties or those products subject to penalty duties under Section 232, 201 and 301. As further details of the order emerge, we are closely reviewing the implications for the U.S. textile industry.
Last Update 2020-04-21