Textile/Apparel Imports from China monitored by ITC
Monday, October 20th, 2008The House Ways and Means Committee has asked the International Trade Commission to review imports of textiles and apparel from China and report the findings to Congress. The domestic textile industries are concerned once the trade restrictions are lifted on December 31, 2008 there will be a surge in imports from China that will jeopardize U.S. jobs.
This paves the way for possible Anti-Dumping/Countervailing Duty cases and other restrictions to be imposed on these imports from China to protect the U.S. textile industry as well as that of developing countries who import U.S. manufactured textiles under preferential trade agreements.