USA: Associations Call For Trade Policy Overhaul
Four major US trade associations, involved in importing textiles and apparel into the US, have appealed to the government for a revamp of its current trade policies to take into account the up and coming changes in the country's textile industry.
In a joint letter to the US Trade Representative and the Secretaries of State for Commerce, Labour and the Treasury, the American Apparel and Footwear Association, the International Mass Retailers Association, the National retail Federation and the US Association of Importers of Textiles and Apparel, said: "For some 30 years US textile policy has been guided by an executive order drafted for an era when there were more than twice the number of US textile and apparel manufacturing jobs and the apparel market was less than one-thirtieth of the size it is today. The result is that America does not have a current textile and apparel trade policy."
The dropping of all apparel and textile quotas in 2005 will see worldwide changes for trade within the industry and US importers are keen to see a smooth change over to the new policies, adding extra benefits to importers and retailers alike.
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