MORRISTOWN, New Jersey, May 25 (Reuters) - U.S.
President Donald Trump said on Sunday his tariff policy was
aimed at promoting the domestic manufacturing of tanks and
technology products, not sneakers and T-shirts.
Speaking to reporters before boarding Air Force One in New
Jersey, Trump said he agreed with comments from Treasury
Secretary Scott Bessent on April 29 that the U.S. does not
necessarily need a "booming textile industry" - comments that
drew criticism from the National Council of Textile
Organizations.
"We're not looking to make sneakers and T-shirts. We want to
make military equipment. We want to make big things. We want to
make, do the AI thing," Trump said.
"I'm not looking to make T-shirts, to be honest. I'm not
looking to make socks. We can do that very well in other
locations. We are looking to do chips and computers and lots of
other things, and tanks and ships," Trump said.
The American Apparel & Footwear Association said in response
to Trump's remarks that tariffs were not good for the industry.
"With 97% of the clothes and shoes we wear being
imported, and with clothes and shoes already the most highly
tariffed industry in the U.S., we need to focus on common sense
solutions that can move the needle," AAPA President Steve Lamar
said in a statement. "More tariffs will only mean higher input
costs for U.S. manufacturers and higher prices that will hurt
lower income consumers."
Trump, who has upended world markets with the broad
imposition of tariffs, revived his harsh trade rhetoric on
Friday when he pushed for a 50% tariff on European Union goods
starting June 1 and warned Apple ( AAPL ) he may impose a 25%
levy on all imported iPhones bought by U.S. consumers.
But he dialed back on the EU threat on Sunday, extending a
deadline for those tariffs until July 9 to allow for talks
between Washington and the 27-nation bloc.
Trump won the 2016 and 2024 U.S. presidential elections
in part by appealing to working class voters hurt by the loss of
U.S. manufacturing jobs over many years.
He has sought to make good on his promises to boost
manufacturing with import tariffs and heralding investments by
companies and foreign nations into the United States, even as
the U.S. economy remains dependent on supply chains with other
countries where many goods, including textiles, are produced
less expensively.