President Donald Trump’s $1.9 trillion trade war with China has made “fabric” textiles a more important component in the U.S. economy than ever before.
The textile industry, which employs around 9 million Americans, employs nearly half of the total U.K. workforce and has become the backbone of the manufacturing economy since the 1930s, according to the Bureau of Labor Statistics.
In the latest trade data released Tuesday, textile imports from China were down $4 billion to $10.6 billion during the first six months of the year, according the Bureau.
“I can’t say enough good things about this President, and I think he’s going to continue to make a big push to keep America’s manufacturing sector going and expand our trade with China,” said Elizabeth Smith, an economic development consultant at Smith & Bacon.
Trump’s trade policy “is a big part of why we’re seeing the economy grow,” said Smith, who has consulted for a number of apparel manufacturers, including Zara, Gap, H&M and Zara.
Smith said Trump’s policies will help the textile industry grow and grow the economy.
“They are building a new industry, one that is going to help keep America strong, and that is textile jobs,” she said.
“We’re going to be exporting textile jobs and we’re going of course exporting our goods and services and we’ll be bringing back jobs that people can actually use.”
Trump has repeatedly threatened to cut U.s. tariffs on textile products, which has led to massive layoffs of textile workers in China.
Earlier this month, Trump announced a sweeping trade plan to increase tariffs on China’s textile exports.
China has been cutting tariffs on American textile imports since the early 2000s, but has only reduced tariffs on U.spending apparel imports by about 20 percent since 2009.
A number of industries in China have begun to move away from U.a.t. products to those manufactured in the United States.
During Trump’s election campaign, he promised to renegotiate or eliminate tariffs on imports of American-made goods, such as clothing, electronics and furniture.
But he has since abandoned his pledge, stating he is willing to renegotiat U.agreements with the nations countries.
According to Smith, textile exports to the United Kingdom were up almost 50 percent in the first half of 2018.
At the same time, textile jobs have decreased in the country due to “Made in the USA” rules.
When the “Made In The USA” rule was adopted in 1995, textile factories were forced to produce all of their products in China, with only a few mills producing their own garments, according a 2015 report from the Institute for Supply Management.
However, since then, factories have moved factories and are now producing clothing and other garments in the European Union.
As of early 2018, the U of A had 6,851 textile jobs in the UK, compared to 7,927 in China and 3,818 in India, according figures from the Department of Commerce.