China blacklists parent company of Calvin Klein, Tommy Hilfiger
(CNN)– China has blacklisted the parent company of two American clothing brands.
China’s Ministry of Finance put PVH Corp. on its “Unreliable Entities List.”
This puts Calvin Klein and Tommy Hilfiger clothing brands in the middle of a budding U.S. – China trade war.
The announcement follows President Donald Trump’s imposing a 10% tariff on all Chinese imports.
It is unclear why the Chinese government targeted VH Corp. specifically.
But the clothing company said it will work with Chinese authorities to resolve the situation.