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U.S. Apparel Manufacturing Crisis
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Overview
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The American garment manufacturing sector is experiencing a downturn, marked by the closure of 23 brands in the last 17 months. This decline is attributed to companies such as Temu and Shein taking advantage of the de minimis provision of the 1930's Smoot-Hawley Tariff.
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How can U.S. garment manufacturers adapt to compete with overseas markets?
What implications does the closure of these brands have on American workers and the economy?
What regulatory measures could be implemented to protect domestic apparel production?
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