Bush administration's action will save thousands of US textile jobs: NTCO
14 May '05
3 min read
Throughout our meetings with the Administration and on Capitol Hill, NCTO has stressed that illegally subsidized textile and apparel imports from China pose the greatest single threat to the industry's welfare. We look forward to continuing to work with government to meet this threat. We also look forward to decisions soon on the outstanding cases filed by the industry."
Imports from China Since Quotas were Lifted
Jan-April 2004 Jan-April 2005 Increase Chinese /
Price Decline
(over Jan-April2004)
Cotton Trousers 6.9 million 111 million 1,519% / -55%
Cotton Knit Shirts 8.1 million 117 million 1,350% / -45%
Underwear 19.5 million 91 million 366% / -44%
Source: US Dept. of Commerce
Facts on the U.S. textile and apparel complex:
· The U.S. textile and apparel complex,
including textile fibers and machinery,
employs more than 950,000 workers in the
United States.
· The U.S. textile industry, which employs
409,000 workers, has invested $34 billion in
new plants and technology during the past
five years to prepare for the quota phase-out.
· Since quotas were lifted on China, 18 textile
plants have closed and 16, 600 textile and
jobs have been lost.
marketing@alchempro.com
