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April trade figures show actions by government against China were key to saving textile jobs
Data released by the US commerce department shows that the quick action by
the US government last month to impose safeguards were essential to saving jobs
in the textile industry. Import data shows that China continued its unprecedented
surge into the US market in April, exporting 501 million garments during the
month. Exports in key product areas such as cotton trousers and knit shirts
continued to increase at 1,500 per cent or more. According to figures from the
International Trade Commission, Chinese exports of garments have been running
at a rate of 16 million garments per day since quotas were removed on January
1.
NCTO president Mr Cass Johnson noted that the DR-CAFTA agreement is an essential
part of the industry strategy to survive the threat from China. According to
him, "Last month, US government acted decisively to stop the flood of Chinese
imports by imposing expedited safeguards and by doing so, the government saved
tens of thousands of textile jobs. China is now facing embargoes in major categories
as early as July. Now it is time for the US Congress to take similar decisive
action to keep China at bay. The DR-CAFTA agreement must be approved if the
US textile industry is to maintain a long term competitive edge against China
and other Asian exporters. As much as 71 per cent of all apparel imports from
the Caribbean contain US yarns and fabrics, compared to less than one per cent
of imports from China. Our industry needs a proactive, forward thinking trade
strategy to keep China at bay and the DR-CAFTA is an essential element of that."
He further stated that for the US industry to survive the threat from China
and elsewhere, US government safeguards on China and the permanent duty-free
platform that DR-CAFTA creates were essential. "Both are integral to maintaining
more than $4 billion in textile exports to the region and to keeping tens of
thousands of our workers employed in the United States."
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