China’s Apparel Exports to US Erode as Trade War Ensues

In the lead up to the imposition of stiff tariffs on Friday from the world’s two largest economies, U.S. textile and apparel imports from China fell 2.2% to $2.92 billion worth of goods in May, compared to a year earlier. China and the U.S. both imposed major tariffs on a range of goods on Friday,…