US President Donald Trump pressured that his tariff insurance policies are designed to strengthen the inner manufacture of excessive know-how and navy tools, not on a regular basis objects equivalent to sneakers and shirts. Speaking to reporters earlier than coming into Air Power One in New Jersey, President Trump has echoed observations made by the secretary of the treasury, Scott Besent, on April 29, which lowered the necessity for a “growth textile trade.” Bessent’s feedback have aroused reactions from the Nationwide Council of Textile Organizations. “We’re not seeking to do sneakers and shirts. We need to do navy tools. We need to do large issues. We need to do, to do the work,” mentioned Trump, as quoted by Reuters.He added: “I’m not seeking to do shirts, to be sincere. I’m not seeking to do socks. We will do that very nicely in different areas. We need to make chips and computer systems and lots of different issues, and tanks and ships.”The American Affiliation of clothes and footwear (AAFA) criticized Trump’s tariff strategy, claiming that it could hurt the trade. “With 97% of garments and footwear we put on imported, and with garments and footwear already the most important trade within the US, we now have to give attention to good options that may transfer the needle,” mentioned AAFA president Steve Lamar, in an announcement. “Extra charges will solely imply greater entry prices for American producers and better costs, which is able to have an effect on shoppers with decrease incomes.”Donald Trump extends the EU deadline till July 9Trump, which disturbed world markets with massive -scale tariffs, not too long ago proposed a 50% charge for European Union items beginning June 1 and threatened a 25% tax on imported iPhone that aren’t made within the US. Final week, Trump has softened place on EU chargesExtension of the time period till July 9 to permit negotiations with the 27 nations block.Trump’s victories within the 2016 and 2024 presidential elections had been partially decided by the help of the working -class voters affected by the decline of US jobs. Its administration has pushed the charges to encourage home manufacturing and appeal to investments, though the US economic system stays based mostly on world provide chains for worthwhile items, together with textiles.