We Didn’t Get Anything Out of This ‘Partial' Deal, Says AAFA’s Helfenbein

The video discusses the impact of tariffs on the apparel and footwear industries, highlighting the challenges faced during the holiday season. It explores the significance of China in these industries and the effects of trade tensions. The discussion also covers the potential outcomes of trade deals and the delicate balance businesses must maintain between economic interests and political issues.

What percentage of apparel from China was affected by the 15% tariff?

• 69%

• 91%

• 41%

• 53%

Why is the holiday season particularly challenging for the industry?

• Lower unemployment rates

• Increased consumer confidence

• Higher gasoline prices

• Reduced number of shopping days

What is the industry's main concern regarding tariffs?

• They are not affecting the industry

• They are beneficial for consumers

• They are improving trade relations

• They are causing financial pain

How are Chinese brands performing amid the trade tensions?

• Declining

• Underperforming

• Overperforming

• Unchanged

What advice is given to industry members regarding the political situation?

• Engage in political discussions

• Focus on business operations

• Ignore business and focus on politics

• Relocate business to another country

What is the long-term goal of the trade measures according to the Trump administration?

• Boost domestic production

• Reduce imports from China

• Engage in more fair trade

• Increase tariffs permanently

Why is it difficult to bring apparel production back to America?

• America is 3% of the market

• China does not produce well

• Tariffs are too low

• American consumers prefer local products