Trump’s tariffs are having a disastrous impact on American textile

TARIFFS BACKFIRE: Trump’s tariffs are having a disastrous impact on American textile exporters, raising costs for companies like Cocona Labs, deterring foreign buyers, and creating supply chain uncertainty.

Cocona’s CEO, Jeff Bowman, says the tariffs have stalled investments and reduced sales, forcing the company to consider moving some of its operations abroad.

They do because other countries have placed retaliatory tarrifs.

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