TPP: Vietnam trade deal called threat to U.S. textiles industry

Smyth McKissick, NCTO, Jul 9, 2013At a hearing on U.S. competitiveness before the House of Representatives Small Business Comittee, National Council of Textile Organizations Chairman McKissick said, “U.S. manufacturing jobs are at stake and it’s critical our negotiators get this trade agreement right. A poorly negotiated TPP will cause widespread job losses in the U.S. and the Western Hemisphere.” A key issue is the “yarn-forward” rule, which means yarn and fabric must be manufactured and assembled in the free-trade partner country in order to enter U.S. markets tariff-free. More than 160 Members of Congress have signed a letter to the U.S. trade representative, asking him to maintain the yarn-forward rule, which has been included in every major U.S. free trade deal for the last 25 years. U.S. House of Representatives Committee on Small Business Hearing on U.S. Competitiveness, Jul 2013. 

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Testimony by NCTO Chairman, E. Smyth McKissick III to House of Representatives, Jul 9, 2013

American Competitiveness Worldwide: Impacts on Small Businesses and Entrepreneurs, Jul 9, 2013

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Letter, Representative McHenry and others to U.S. Trade Representative Michael Froman, Jul 10, 2013