US fabrics body endorses Trans-Pacific Partnersh - sportstextiles: Lea SportsTextiles

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US fabrics body endorses Trans-Pacific Partnership

23/06/2016
The United States Industrial Fabrics Institute (USIFI), a division of the Industrial Fabrics Association International (IFAI), has pledge its formal for the Trans-Pacific Partnership (TPP) free trade agreement. The USIFI made the decision following an in-depth review of the finalised TPP text.

The organisation, which is a coalition of domestic US fibre, fabric and finished product manufacturers, felt the final text met its key objectives. These include strong rules of origin for textile and apparel products; reasonable tariff phase-outs for sensitive industrial textile products and preservation of the Berry Amendment, which requires boots and apparel provided to US troops to be US-made.
 
"The U.S. textile industry can compete globally under trade rules that are reasonable and fair,” said Ted Anderson, USIFI Board Chairman.
 
"While every agreement includes trade-offs, we recognise that the overall outcome on TPP is balanced and reflects core textile industry objectives,” he added.

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