Protest from textile players holdup trade bill vote
27 Sep '06
1 min read
North Carolina Republican Robin Hayes has postponed the this week's voting to decide to offer trade benefits to developing nations, concerned that the textile industry did not get enough time to speak out their issues and demands.
Sources reported that the proposal would most certainly not move forward until the end of November 7 2006 elections.
House Ways and Means Chairman Bill Thomas introduced another proposal last week that faced strong resistance from the US textile producers who claim that the allowance for Haiti and African countries created 'enormous loopholes' for China to flood their domestic markets.
"Under this legislation, Haiti, as well as most African countries, will be able to use Chinese fabric or Chinese yarns for apparel production while every other preference partner must use regionally made yarns and fabrics," said Cass Johnson, president of the textile group.
Johnson explained that this scheme cannot compete the already subsidized prices of Chinese imports, thus the US industry are bound suffer huge losses.
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