To
ensure that the benefits of TPP go to TPP workers and businesses, TPP
requires a “yarn forward” rule of origin, which means that to get the
lower tariffs offered in TPP, a good must be made within the free trade
area using U.S. or other TPP country yarns and fabrics. At the same
time, we have carefully crafted exceptions to the general rules of
origin. For example, the Textiles and Apparel chapter includes a “short
supply list,” which provides TPP partners with flexibilities in cases
where the U.S. and other TPP members do not produce enough of a
particular fabric or yarn to meet production needs. In such cases, the
short supply list allows apparel using these specified materials from
outside the TPP region to qualify for TPP’s reduced tariff rates. There
is also a special feature for Vietnam, linking improved access to the
U.S. market for cotton pants to the purchase of U.S.-made cotton fabric.
You mean China hasn't filed a complaint at the WTO yet?
There was a time when the USA has a rather vibrant textile business. The industry itself was traded with China and the USA textile industry evaporated. In the year 2015 there are Cottage Industry textile businesses but there is no return of the textile industry in the way it existed before.
This is partly the product, besides tobacco, where the 'cotton picking USA south' lost it's economy.
One of the very first acts (click here) of the very first Congress of the United States was to impose tariffs on imported gloves, hats, and clothing. That temporary protection was bestowed in 1789, when the small U.S. economy was agrarian, and textile and clothing production represented America’s industrial future. Two and one quarter centuries later, textile protectionism is alive and well, and features prominently on the U.S. agenda in the Trans-Pacific Partnership negotiations to forge – wait for it…wait for it – a “21st Century” trade agreement....
China will sue the USA through the WTO and it will even wipe out the American Cottage Industries.
The TPP is an attempt to circumvent any other trade decision regarding textiles. It won't work. China won't put up with it and will seek to destroy any cottage industry of textile goods. That means all the ladies that sew from their homes for an income will be ended. It means clothing specialty hand made like "Alabama Chanin" (click here) will be put out of business.
The TPP will cause more hardship to local textile merchants and return power to Wall Street and China produced products. This is Walmart territory. Walmart will benefit from a complaint filed by China.
The TPP is not needed. At all. It is going to cause problems and not solve them.
There was a time when the USA has a rather vibrant textile business. The industry itself was traded with China and the USA textile industry evaporated. In the year 2015 there are Cottage Industry textile businesses but there is no return of the textile industry in the way it existed before.
This is partly the product, besides tobacco, where the 'cotton picking USA south' lost it's economy.
One of the very first acts (click here) of the very first Congress of the United States was to impose tariffs on imported gloves, hats, and clothing. That temporary protection was bestowed in 1789, when the small U.S. economy was agrarian, and textile and clothing production represented America’s industrial future. Two and one quarter centuries later, textile protectionism is alive and well, and features prominently on the U.S. agenda in the Trans-Pacific Partnership negotiations to forge – wait for it…wait for it – a “21st Century” trade agreement....
China will sue the USA through the WTO and it will even wipe out the American Cottage Industries.
The TPP is an attempt to circumvent any other trade decision regarding textiles. It won't work. China won't put up with it and will seek to destroy any cottage industry of textile goods. That means all the ladies that sew from their homes for an income will be ended. It means clothing specialty hand made like "Alabama Chanin" (click here) will be put out of business.
The TPP will cause more hardship to local textile merchants and return power to Wall Street and China produced products. This is Walmart territory. Walmart will benefit from a complaint filed by China.
The TPP is not needed. At all. It is going to cause problems and not solve them.
