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China Talk Dominates AAFA Conference

Posted On: Mar 15, 2019   |   Posted By: WWD

President Donald Trump isn't the only one with China on his mind.
At the American Apparel & Footwear Association's annual conference, which concluded Thursday, the question on everybody's lips was whether the U.S. and China were finally ready to end their bitter trade feud.
Executives on hand for the conference, held just outside of Washington, D.C., were visibly anxious since many business plans have been mired in uncertainty over the past year as tariffs shot up and Washington accused Beijing of unfair trade practices.
“Our apparel and footwear business has been turned upside-down by the administration's realistic attempt - in their minds - to create a new world order for trade,” Rick Helfenbein, president and chief executive officer of the AAFA, told WWD. “Anybody you walk up to blankly in the room and say ‘What's going on?', they say ‘China'.”
During a panel on the trade war, Wendy Cutler, a vice president at the Asia Society Policy Institute, said she expects the two sides will reach a...

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