97% of clothing sold in the U.S. in 2024 imported from abroad.
New U.S. tariffs of up to 47% imposed on major Asian clothing exporters opens big potential opportunities for African clothing manufacturing hubs including
#Ethiopia, with just 10% tariff.
We currently manufacture world-class high quality clothing in Ethiopia for the European and other markets. With President Trump’s new tariffs on Ethiopia now at just 10%, we could in the future very competitively export to the U.S. market with big price benefit on quality clothing for Americans.
Globalization and the global trading system is being completely redone by President Trump. Political leaders and businesses around the world have to adapt to this new rapidly changing reality.