USA: Apparel Industry Threatened By Andean Bill
Friday's vote by the US House of Representatives to extend preferential trade treatment enjoyed by Bolivia, Ecuador, Colombia and Peru has met with dismay from the American Textile Manufacturers Institute (ATMI). In a statement, Charles A Hayes, Guilford Mills Inc, president of ATMI), expressed his concern that the Andean Trade Expansion Bill would be extremely damaging to the US textile industry. He urged the Senate to reject the bill and to pass a straightforward extension of the current Andean Trade Preference Act, without permitting massive amounts of new apparel imports made of foreign fabric and yarn to enter the US free of duties.
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