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Textile Industry Lobbies for Renewed Protections
Wall Street Journal
8/6/2008
U.S. producers of textiles and apparel want new protections against Chinese imports.
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CPA supports BEA's self described mission
Fibre 2 Fashion
8/1/2008
38 organizations representing U.S. manufacturing, labor, and agricultural interests sent a letter to the chairmen of four congressional committees (2 House and 2 Senate) urging Congress to reverse the U.S. Commerce Department’s…
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Manufacturers' presidential wish list
Marketplace/Public Radio
6/27/2008
One of the things that drove Wall Street into the ground yesterday was a downgrade of General Motors. That sent the automaker's shares to their lowest level in more than 30 years.
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Thoughts of recession aren't figments of public's imagination
Lancaster Eagle Gazette
6/23/2008
As I write this column, the Lowendick Company is erasing the once proud Lancaster Glass Company.
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McCain exports free-trade debate
USA Today
6/20/2008
Republican presidential candidate John McCain did not mention rival Barack Obama Friday, but made clear to an audience in Canada that he is the better bet for trade relations.
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Coalition Supports Copyright Legislation
Textile World Magazine
6/11/2008
Three textile trade associations have thrown their support behind a bill starting to move through Congress that would help protect copyrighted products from infringement.
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Trifecta of China trade bills stalled
The Politico
5/27/2008
An easy way to score political points is to lash out at China for artificially depressing its currency to promote its own manufacturing base.
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Textile execs: Make competition fair
Burlington Times News
5/26/2008
Three Burlington textile executives have joined forces with other U.S. manufacturers to lobby Congress and the presidential candidates to "stop job loss and boost competitiveness" in the global marketplace.
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Retailers harvest victory in farm bill
The Hill (Washington, DC)
5/13/2008
JCPenney , Macy’s and Nike are among the companies that could save tens of millions of dollars owing to an obscure trade provision quietly tucked into the farm bill.
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Hillary Clinton easily wins West Virginia primary
CTV.ca - Canada
5/13/2008
Hillary Clinton is on her way to winning the West Virginia primary by a significant margin, but her victory is expected to have little impact on Barack Obama's delegate lead.
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Lost Jobs
Fay Observer (NC)
5/4/2008
TThe American Manufacturing Trade Action Coalition released more falling numbers for North Carolina last week.
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'Time to blow whistle' on China: Clinton
Economic Times - India
5/4/2008
Democratic presidential hopeful Hillary Clinton warned today it was time to "blow the whistle" on China, accusing it of unfair trade practices.
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Manufacturers see unfair trade
Trading Markets
5/2/2008
Politicians are fond of talking about unfair trading practices. Robbie Earnhardt, president of Superior Tooling in Wake Forest, said he experiences them almost daily.
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Manufacturers want action
Gaston Gazette (NC)
5/2/2008
The American Manufacturing Trade Action Coalition released a report today describing what they called the U.S. government's uncompetitive manufacturing policy and its effects on the country.
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US Senators to add themselves as cosponsors to S. 796
Fibre 2 Fashion
5/2/2008
Within the last day, U.S. Senators Hillary Clinton (D) of New York and Barack Obama (D) of Illinois have added themselves as cosponsors to S. 796, the Fair Currency Sct of 2007, introduced by U.S. Senators Jim Bunning (R) of Kentucky and …
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Manufacturers urge candidates to lay out plans
Triad Business Journal (NC)
5/1/2008
A group of manufacturers frustrated by the impact of trade agreements on their industries urged presidential candidates from both parties to lay out their plans for protecting American jobs during a conference call today.
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Haiti Trade Provision Stirs Debate Over Farm Bill
Wall Street Journal (Subscription Required)
4/30/2008
The troubled nation of Haiti would benefit from trade preferences Rep. Charles Rangel wants in the farm bill coming together on Capitol Hill, but the move risks injecting trade politics into legislation that already has stirred controversy over farm …
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Turkey Seeks to Increase Trade with Latin America
Eurasia Daily Monitor
4/23/2008
Until a decade ago, Turkey’s interest in the Western hemisphere was focused almost exclusively on its relationship with the United States.
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Clinton, Obama To Address Steelworkers
Wheeling News Register
4/10/2008
Presidential candidates and current U.S. Sens. Hillary Clinton, D-N.Y., and Barack Obama, D-Ill., both have confirmed they will speak at a trade union event in Pittsburgh Monday, according to United Steelworkers of America…
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Job losses tied to unfair trade
Pittsburgh Tribune Review
4/9/2008
Pennsylvania needs a stronger federal trade policy that levels the playing field with foreign competitors because unfair trade from China and other nations has cost the state about 78,000 jobs this decade, two labor-management coalitions said Tuesday.
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Report cites losses in Pa. manufacturing jobs
Philadelphia Inquirer
4/9/2008
In a report timed to attract the attention of Democratic presidential candidates campaigning in Pennsylvania, the American Manufacturing Trade Action Coalition said that Pennsylvania has lost 207,300 manufacturing jobs…
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Manufacturing job losses cripple Pennsylvania economic growth
Fibre 2 Fashion
4/9/2008
The American Manufacturing Trade Action Coalition (AMTAC) has analyzed job gain/loss in Pennsylvania in a report prepared by Dr. Charles W. McMillion, President and Chief Economist of MBG Information Services titled, Pennsylvania’s Jobs Market 2001-08 …
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Ads Prod Candidates on Issues of Trade
Wall Stree Journal (Subscription Required)
4/9/2008
A new advertising campaign designed by a coalition of domestic manufacturers and a labor union was unveiled Tuesday, aimed at getting the presidential candidates to take tougher stances on trade, particularly against China.
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Industry has lost 27.7 percent of jobs in metro area since January 2001
Wilkes Barre Citizen's Voice
4/9/2008
Manufacturing employment in the Scranton/Wilkes-Barre/Halzeton area dropped 27.7 percent between January 2001 and January 2008, from 44,700 to 32,300, according to the American Manufacturing Trade Action Coalition, a Washington, D.C., lobbying group…
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Second manufacturing group protests unfair foreign trade
Chester Daily Local (PA)
4/8/2008
A second national manufacturing group is calling for action against foreign countries it says are engaged in unfair trade practices at the expense of Pennsylvania workers.
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Another group urges political action on trade issues
Charlotte Business Journal
4/8/2008
Manufacturing job losses are crippling Pennsylvania's economic growth, which will result in a more prolonged and difficult recession unless swift policy action is taken, according to a report released Tuesday.
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Trade group calls for candidates’ plans
Philadelphia Inquirer
4/8/2008
In a report timed to attract the attention of Democratic presidential candidates campaigning here, the American Manufacturing Trade Action Coalition said today that Pennsylvania has lost 207,300 manufacturing jobs - 24.3 percent of its total - since 2001.
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Job Losses Continue at Department Stores
Footwear News
4/7/2008
Department stores cut jobs and specialty stores added to payrolls in March as employers overall trimmed 80,000 jobs, the most in five years and the third consecutive monthly drop.
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Biggest job reduction in March, AMTAC
Fibre 2 Fashion
4/5/2008
The U.S. economy suffered a net loss of 80,000 jobs in March, including 48,000 middle-class manufacturing jobs according to data released by the U.S. Bureau of Labor Statistics.
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Clinton back in the race with Ohio and Texas wins
France24 - Paris,France
3/5/2008
Basking in her role as comeback underdog, Hillary Clinton savored the sweet taste of victory Wednesday after a gruesome, morale-busting month in which Barack Obama almost knocked her out of the Democratic presidential race.
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Free trade heats up US presidential debates
Agence France-Presse
2/28/2008
Damage to US jobs blamed on the North American Free Trade Agreement has made the pact the latest target of Democratic presidential candidates, who are vigorously competing to criticize it.
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NAFTA's triumph may be Hillary Clinton's downfall in Ohio primary
MLive.com (Michigan)
2/27/2008
NAFTA, the North American Free Trade Agreement, was a signature achievement for Hillary Clinton's husband, an economic breakthrough, a political victory to celebrate.
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Coalition To Address Government Procurement
Textile World Magazine
2/26/2008
Four major textile trade associations have formed a new coalition to address ways to improve federal government procurement of textiles and textile end products such as uniforms, protective clothing, shelters and a wide variety of other items.
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Ohio's Job Losses in 2000s Worst Since Great Depression
ThomasNet Industrial News Room
2/25/2008
Manufacturing's job loss in Ohio since 2000 is 236,000, reports IndustryWeek.com.
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Obama Attacks Clintons on NAFTA
ABC News
2/24/2008
Sen. Barack Obama, D-Ill., has been trying to chip away at Sen. Hillary Clinton's lead in Ohio primary polls by attacking the North American Free Trade Agreement, one of former President Clinton's major legacies - which unions say has cost them jobs.
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Ohio's Job Losses in 2000s Worst Since Great Depression
Industry Week
2/22/2008
Since the end of 2000, total non-farm employment in Ohio has declined by 3.7%, a loss of 209,400 jobs. Issuing a report looking at the breakdown of job losses across Ohio, the American Manufacturing Trade Action Coalition…
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Manufacturing jobs lost in Ohio
Vedior - Amsterdam
2/21/2008
Ohio lost a total of 209, 400 jobs from 2000 to 2007, according to a report released yesterday from the American Manufacturing Trade Action Coalition.
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AMTAC blames China for Ohio's job losses
Fibre 2 Fashion
2/21/2008
With the news media focus on Ohio over the next two weeks, the American Manufacturing Trade Action Coalition (AMTAC) has analyzed job gain/loss in Ohio by economic sector in report prepared by Dr. Charles W. McMillion, President and Chief Economist …
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Springfield has lost 6,000 manufacturing jobs since 2000, study finds
Springfield News-Sun
2/21/2008
The Springfield metropolitan area ranks first among the state's communities that have experienced job losses in the past seven years, losing 10 percent of overall jobs and 46.9 percent (or 6,000) of its manufacturing jobs.
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Barack Obama wins again. Hillary Clinton won’t surrender.
the.point.is. news agency
2/20/2008
“It’s time to get real”. After 10 defeats in a row against Barack Obama, Hillary Clinton challenged Democratic voters to give her the chance to represent the party in the November presidential election.
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Report: Ohio employment down 3.7 percent since 2000
Dayton Business Journal
2/20/2008
Ohio has lost 3.7 percent of its jobs from 2000 to 2007, according to a report released Wednesday by the American Manufacturing Trade Action Coalition.
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US/China Textile Trade Deficit Hits New High
Textile World Magazine
2/19/2008
As the US government announced the textile and apparel trade deficit with China reached a new record high of $31.8 billion in 2007, textile industry lobbyists and their friends in Congress launched a renewed effort to enact legislation designed to …
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2007 Trade Deficit Dips 6.2% As Americans Buy Less
Red Orbit
2/15/2008
The trade deficit fell last year for the first time since 2001 as Americans curtailed purchases of imported products and U.S. exports continued a year-long surge.
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$256 bn US trade deficit with China sets dubious new record
Fibre 2 Fashion
2/15/2008
The U.S. government reported that although the overall U.S. trade deficit fell from $758.5 billion in 2006 to $711.6 billion in 2007, the U.S. trade deficit with China spiked to $256.2 billion in 2007, smashing the previous year's record of $232.5 billion
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AMTAC to participate in USTR anti-currency manipulation press
Fibre 2 Fashion
2/14/2008
The American Manufacturing Trade Action Coalition (AMTAC) will participate in a press conference hosted by U.S. Representatives Tim Ryan (D-OH) and Duncan Hunter (R-CA) where they will press for passage of their anti-currency manipulation legislation, …
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US trade deficit falls for first time in six years
Agence France-Presse
2/14/2008
The US trade deficit narrowed in 2007 for the first time in six years, as rising exports supported by a weak dollar helped offset a record gap with China, data showed Thursday.
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Huge job losses render negative impact on economy
Fibre 2 Fashion
2/2/2008
The U.S. Bureau of Labor Statistics reported that the United States lost 28,000 manufacturing jobs in January 2008. These losses were a leading contributor to the overall loss of 17,000 jobs in the U.S. economy for the month.
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Anti-currency manipulation key to improved economy
Fibre 2 Fashion
1/31/2008
Noting that the United States has lost 3.28 million manufacturing jobs (19.1 percent of the total manufacturing workforce) and has run a more than $1.1 trillion trade deficit with China in manufactured goods in the last seven years, …
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Political talk won't bring back textile jobs
Orangeburg Times Democrat
1/23/2008
Now that the economy has become such an issue in the presidential campaign, candidates are rushing to stake out positions on what they would and would not do to give things a boost.
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US Textile Production Reaches New Low
Textile World Magazine
1/22/2008
The Federal Reserve has reported that US manufacturing and processing of yarn and fabric in 2007 fell by 12.1 percent, the largest annual decline since the US government began publishing output data on those products in 1972.
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Record slump in U.S. mill output
Inteletex
1/22/2008
U.S. textile mill output fell sharply by 12.1% last year (2007). The drop in output was the largest since the U.S. government began publishing production data on the topic in 1972.
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U.S. heels duty-free Honduran socks
Marketplace
1/21/2008
Honduras exports enough socks to the U.S. for President Bush to want to impose a large tax on the products.
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Textile mill output plunges 44.85%
Fibre 2 Fashion
1/18/2008
Data released by the U.S. Federal Reserve yesterday showed that U.S. Textile Mill output fell sharply by 12.1 percent in 2007.
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US-China trade deficit records red ink figure
Fibre 2 Fashion
1/12/2008
The U.S. trade deficit with China jumped to $24.0 billion in November 2007, up 4.3 percent from the November 2006 deficit of $23.0 billion.
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The U.S. government reported that the United States lost another 31,000 manufacturing jobs in December
Fibre 2 Fashion
1/5/2008
The U.S. government reported that the United States lost another 31,000 manufacturing jobs in December in addition to the 13,000 lost in November. For the year 2007, the United States lost 212,000 manufacturing jobs.
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US proposes domestic textile industry to join Congress

BharatTextile.com
1/1/2008
With an aim to devise some mechanism to extend the cap on Chinese apparel import in the country beyond 2009, the domestic textile industry has been proposed to join in lobby the Congress and administration by the US textile owners.
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US textile bosses want Bangladesh to work together to extend China cap
New Nation (Bangladesh)
12/27/2007
US textile owners have proposed Bangladesh to join in lobbying the Congress and administration to devise some mechanism to extend the cap on Chinese apparel import in the country beyond 2009, informed sources said.
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LDCs duty-free access: New trade bill worries US textile bosses
New Nation (Bangladesh)
12/26/2007
US textile bosses are opposing passage of the new trade bill allowing duty free access of goods of least developed countries in their market fearing massive blow to their local industry, informed sources said.
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CSUSTL Letter to the Bush Administration Concerning Draft WTO Rules Text
Earthtimes
12/21/2007
The Committee to Support U.S. Trade Laws ("CSUSTL") today sent a letter to Secretary of Commerce Carlos Gutierrez and United States Trade Representative Susan Schwab the House and Senate leadership expressing the Committee's dissatisfaction…
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Congress itching to pin blame for manufacturing loss
InTech
12/20/2007
Pressure from manufacturing groups in the U.S. has Congress pushing paper to punish China for its unfair tactics that have cost the U.S. millions of jobs.
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1,300 job losses expected in closing of east Alabama textile plants

Birmingham News
12/19/2007
Textile workers in east Alabama have gotten some tough holiday news this month, with the notice that nearly 1,300 of them are set to lose their jobs.
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US manufacturing jobs to keep disappearing
Fibre 2 Fashion
12/13/2007
The U.S. trade deficit totaled $57.8 billion for October 2007. The U.S. government also revised September’s trade deficit to $57.1 billion.
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John Kostrzewa: U.S., Chinese economies are bound together

Providence Journal
12/2/2007
Any discussion of the pros and cons of globalization doesn’t get very deep without focusing on China.
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Farm groups urging Senate to pass Peru FTA

Western Farm Press
11/29/2007
Farm organizations are calling on the Senate to follow the lead of the House and pass the U.S.-Peru Trade Promotion Agreement in December. But a major manufacturing group claims the PTPA is a waste of time and a diversion from more pressing issues.
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Combating China more vital than Peru FTA
Fibre 2 Fashion
11/12/2007
The American Manufacturing Trade Action Coalition (AMTAC) expressed disappointment over the fact that the U.S. House of Representatives has spent 2007 focusing on a flawed Peru Free Trade Agreement (FTA), which passed by a vote of 285 to 132, …
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Free-trade pact with Peru dividing lawmakers

Pittsburgh Post Gazette
11/5/2007
Peru, an Andean nation of 28 million people, seems an unlikely political threat to Democrats.
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AMTAC opposes Peru FTA

Fibre 2 Fashion
11/2/2007
The American Manufacturing Trade Action Coalition (AMTAC) announced its opposition to the proposed free trade agreement (FTA) between the United States and Peru.
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AMTAC to testify at ITC hearing on China subsidies
Fibre 2 Fashion
10/31/2007
The American Manufacturing Trade Action Coalition (AMTAC) is scheduled to testify at a hearing held by the U.S. International Trade Commission (ITC).
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Trade deal sparks fight over socks
The Hill
10/23/2007
A Canadian company that last week finalized the purchase of an Alabama sock company is at the center of an intense lobbying fight between importers and producers over whether higher tariffs should be imposed on socks from Honduras.
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Duty-free LDC bill another China giveaway
Fibre 2 Fashion
10/19/2007
The American Manufacturing Trade Action Coalition (AMTAC) expressed deep disappointment at the introduction of the New Partnership for Development Act (NPDA) by Congressman Jim McDermott (D-WA).
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Manufacturing employment plummets in Sept
Fibre 2 Fashion
10/6/2007
The U.S. Bureau of Labor Statistics reported that the U.S. manufacturing sector lost 18,000 jobs in September 2007.
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Bush Proposes Production Plan for Afghan Border Region
Women's Wear Daily (Subcription Required)
10/4/2007
Apparel and textile producers are used to venturing deep into the Third World looking for lower prices, but it remains to be seen if the industry is ready to take to the border regions of Afghanistan and Pakistan, even for looser trade restrictions.
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Chinese move to boost VAT squeezes ink vendors
Newspapers and Technology
9/28/2007
China’s push to reduce its mammoth export growth and clean up chemical pollution is the latest culprit leading to higher ink prices for U.S. newspapers.
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Thriving or Threatened? Perspectives on the State of U.S. Manufacturing in a Global Economy
Cato Institute
9/25/2007
Featuring: Lewis Leibowitz, Consuming Industries Trade Action Coalition; Lloyd Wood, American Manufacturing Trade Action Coalition; Robert Scott, Economic Policy Institute; and Dan Ikenson, Cato Institute.
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China, under fire, seeks to stop toy scares
Monsters and Critics
9/12/2007
China pledged Tuesday to crack down on exports of lead-tainted toys to the United States, which have prompted major recalls and raised broader questions about Chinese product safety.
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Trade deficit with China skyrockets again
Fibre 2 Fashion
9/12/2007
The U.S. trade deficit totaled $59.245 billion for July 2007.
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U.S. trade gap narrows
Palm Beach Post / Cox News Service
9/12/2007
U.S. exports are growing so rapidly that America's trade deficit narrowed a bit in July, the Commerce Department said Tuesday, although the deficit with China widened again.
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Trade deficit dips slightly as record exports offset uptick in oil prices
San Diego Union Tribune
9/11/2007
The U.S. trade deficit declined slightly in July, helped by record exports that offset the biggest foreign oil bill in nearly a year. But even a spate of recalls did not stop the deficit with China from climbing to the second-highest level on record.
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China to halt lead paint on toys
Bangkok Post
9/11/2007
China pledged Tuesday to crack down on exports of lead-tainted toys to the United States, which have prompted major recalls and raised broader questions about Chinese product safety.
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Dismal jobs report for August
Fibre 2 Fashion
9/8/2007
The National Retail Federation (NRF) has urged Congress to reject legislation aimed at attacking international trade with China, charging that the legislation would drive up consumer prices and would not necessarily save US jobs.
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Retailers Attack Anti-china Trade Legislation
Textile World Magazine
8/28/2007
The National Retail Federation (NRF) has urged Congress to reject legislation aimed at attacking international trade with China, charging that the legislation would drive up consumer prices and would not necessarily save US jobs.
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Trade deficit with china only to keep rising
Fibre 2 Fashion
8/16/2007
The U.S. trade deficit declined to $58.1 billion for the month of June 2007.
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US trade gap narrows in June as soft dollar drives exports
Channel News Asia
8/15/2007
The US trade deficit narrowed 1.7 percent to US$58.1 billion in June as exports soared to a record high on the wings of a weak dollar, a Commerce Department report showed on Tuesday.
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Democratic Leader Blasts Administration Trade Policy
Textile World
8/7/2007
The chairman of the House Ways and Means Committee’s Trade Subcommittee has sharply criticized the Bush administration’s trade policies with China and says changes will have to take place.
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Acts on China Currency Issue
Textile World
8/7/2007
The Senate Banking Committee has joined the Finance Committee in approving legislation to address the China currency under-valuation issue.
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Chinese-Made Toy Recall Heightens U.S. Uproar Over Job Losses
Industry Week
8/3/2007
A Fisher-Price recall of nearly one million Chinese-made toys, the latest in a series of similar scandals, is ratcheting up already high American resentment against the offshoring of jobs.
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AMTAC class for tough China Trade legislation
Fibre 2 Fashion
8/3/2007
The U.S. House of Representatives Committee on Ways and Means' Subcommittee on Trade held a hearing on trade legislation related to China.
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US/China Trade Deficit Triggers Calls For Legislation
Textile World
7/17/2007
As the US trade deficit with China continued at a record-setting pace, lobbyists for textiles and other import-impacted industries renewed their call for legislation that will address the problem.
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President Loses Fast Track Negotiating Authority
Textile World
7/3/2007
When Congress permitted the president’s trade promotion authority (TPA) to elapse on June 30, a number of textile-related trade pacts managed to meet the deadline for consideration under the expedited congressional review process known as fast track.
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Lawmakers say value-added tax would aid U.S. exporters by leveling world-trade playing field
The Hill
6/19/2007
Presidential hopeful Rep. Duncan Hunter (R-Calif.) says current U.S. tax policy puts American manufacturers at an unfair disadvantage by making it cheaper for foreign products to be sold in the U.S. and costlier for U.S. exporters to ship goods abroad.
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Lawmakers say value-added tax would aid U.S. exporters by leveling world-trade playing field
The Hill
6/19/2007
Presidential hopeful Rep. Duncan Hunter (R-Calif.) says current U.S. tax policy puts American manufacturers at an unfair disadvantage by making it cheaper for foreign products to be sold in the U.S. and costlier for U.S. exporters to ship goods abroad.
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US Trade deficit shrinks to 58.5 billion US dollars
Brisbane Times
6/9/2007
The US trade deficit dropped to 58.5 billion US dollars in April as Americans slashed spending on imports, including oil, pointing to fresh signs of recovery in the world's biggest economy.
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Textile plant owner likes Pascrell trade bill
NorthJersey.com
6/8/2007
A Paterson textile factory owner is hoping a bill introduced Thursday by Rep. Bill Pascrell Jr. could slow his industry's steady decline by addressing trade and tax laws he says help foreign competitors.
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Bill may add taxes on imports
Home Textiles Today
6/7/2007
A bipartisan quartet of Congressmen today introduced legislation that would levy a border tax on imported goods unless the U.S. Trade Representative negotiates with other countries…
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Post_NAFTA job loss in textiles & apparel exceeds 1mn
Fibre 2 Fashion
6/2/2007
With the loss of another 4,700 jobs in May 2007, the U.S. textile and apparel manufacturing sector now has lost 1,001,100 jobs…
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US to lose role as top manufacturer
Financial Times
5/23/2007
China will gradually take over the role of the US as the world’s largest manufacturer but will do this only by 2020…
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Trade deficit dogs US-China strategic talks
Channel News Asia
5/22/2007
The United States and China begin high-level talks on Tuesday on key economic issues expected to be dominated by American concerns over a burgeoning trade deficit with the Asian giant.
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Familiar Concerns Greet New Trade Pact
The Washington Post
5/12/2007
A day after the bush administration and Democratic leaders celebrated a new bipartisan consensus on trade policy that embraces labor rights, some unions criticized the agreement while suggesting they might continue to oppose trade deals.
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AMTAC supports congressional call for new direction for trade policy
Fibre 2 Fashion
3/8/2007
At a press conference held in the U.S. Capitol, the American Manufacturing Trade Action Coalition (AMTAC) joined U.S. Senators Sherrod Brown (D-OH), Byron Dorgan (D-ND), and Representatives Mike Michaud (D-ME), Walter B. Jones (R-NC), and Linda Sanchez (D-CA) among others in calling for a new direction in trade policy.
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Cars 'Made in China' coming to U.S.?
World Net Daily
2/15/2007
Daimler-Chrysler is exploring manufacturing cars in China for import back into the United States.
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Changes in US trade policy needed to stop record foreign trade red ink
Fibre 2 Fashion
2/14/2007
The U.S. government reported that the U.S. trade deficit reached an all-time high of $763.6 billion in 2006, smashing the previous record of $717 billion in 2005.
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Trade Deficit Hit Record Level In 2006
Textile World Magazine
2/13/2007
The US Department of Commerce today reported a record trade deficit of $763.6 billion in 2006: Trade with China accounted for $232.5 billion of that; and textiles and apparel $83 billion.
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Congressmen Seek Changes In “Buy America” For Textiles
Textile World Magazine
2/13/2007
US Rep. Robin Hayes, R-N.C., along with 15 cosponsors, has introduced legislation that would extend the Department of Defense’s (DOD’s) “Buy America” principles to the Department of Homeland Security (DHS).
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The VAT: Menace to free trade
World Net Daily
2/3/2007
The impact of the Value Added Tax, or VAT, on international trade is a complicated aspect of global commerce that is generally only comprehended by experts.
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Senators Seek Penalties For Sweatshops
Textile World Magazine
1/30/2007
A bipartisan group of senators has introduced legislation banning imports made in sweatshop factories and permitting injured competitors to sue them.
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US trade deficit with China in Nov
Fibre 2 Fashion
1/11/2007
The U.S. trade deficit with China in November 2006 jumped to $22.9 billion, up from $18.5 billion in November 2005. This $4.4 billion increase represents a nearly 24 percent rise. At its current pace, the U.S. trade deficit with China easily will exceed $230 billion in 2006, up from $202 billion in 2005.
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Minimum Wage Bill Could Affect Apparel Imports
Textile World Magazine
1/9/2007
The minimum wage bill pending in the US House of Representatives will for the first time cover the Northern Mariana Islands, in a move that could impact apparel imports from the islands.
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Trade deficit dips by 1 percent in Nov.
Associated Press (London)
1/1/2007
The trade deficit fell for a third straight month as the U.S. bill for foreing oil declined to the lowest level in 16 months and American exports hit an all-time high.
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