Calvin Klein and Tommy Hilfiger are caught in the middle of a budding US-China trade war. China’s Ministry of Finance placed PVH, the parent company of the two American clothing brands ...

The two firms are accused of taking actions that harmed Chinese companies. Companies on the unreliable entity list could face business restrictions, fines, and other penalties. Shares of Calvin ...

US President Donald Trump imposed a 10% tariff on Chinese imports. Tommy Hilfiger and Calvin Klein have been caught in the crossfire of a trade war between the United States and China. PVH ...

After adding PVH to its unreliable entities list, China is now allowed to fine the company, shut down its stores and manufacturing, and deport its employees.

China’s Ministry of Commerce (MOFCOM) announced on Tuesday that it has added PVH, the parent company of Calvin Klein and Tommy Hilfiger, and US biotechnology firm Illumina to its ‘unreliable entity’ ...

Calvin Klein and Tommy Hilfiger are caught in the middle of a budding US-China trade war. China’s Ministry of Finance placed ...