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Newsletter:
February 2003
American Textile Action Plan
US
textile manufacturers unveiled the eight-part action plan
aimed at reviving the industry and renewed their call for tough new import
restrictions on cheap textiles from countries such as China and Vietnam. The
following are the components of ATMI 2003 Textile Action Plan for Growth:
- Doha
Round:
The U.S. Government must address in the World Trade Organization
Doha Round negotiations the barriers that currently exist in textile and
apparel trade. Specifically,
the U.S. should insist that all countries must immediately eliminate
their non-tariff barriers to textile and apparel imports.
The U.S. should further insist that the high textile and apparel
tariffs imposed by many major exporting nations be reduced to U.S.
levels in order to provide real access into those markets.
- Sound
Dollar Policy:
The U.S. Government must adopt a sound Dollar policy, allowing
the overvalued U.S. dollar to return to more natural and historic
levels, and take immediate and strong action against countries such as
China, Korea and Taiwan that intentionally manipulate their currencies.
A recent study by the Manufacturers Alliance concluded that China
currency was 40% undervalued.
- No
Non-Reciprocal Trade Expansion:
The U.S. Government must continue to reject demands of developing
countries to change the terms of existing agreements and programs to
further increase their access to the U.S. market.
The U.S. must also reject attempts at unilateral trade
liberalization such as the expansion of Qualified Industrial Zones (QIZs).
- China
Textile Safeguard:
The U.S. Government must immediately institute quotas on certain
categories of U.S. imports from China in response to the massive surges
of such products from China.
- FTAs,
Rules of Origin, Customs Enforcement, Intellectual Property Protection: The U.S. Government must ensure that all Free Trade
Agreements (FTAs):
a)
are based on a strong,
enforceable yarn-forward rule of origin, without unwarranted exceptions
through tariff preference levels (TPLs);
b)
contain effective
Customs enforcement provisions, including clause for countries that do not
enforce the textile rules; and
c)
fully protect
U.S. textile and apparel intellectual property
- Vietnam
Textile Agreement:
The U.S. Government must quickly negotiate a textile agreement
with Vietnam imposing quotas on textile and apparel imports from that
country. Such imports have
soared since Vietnam was granted Normal Trade Relations (formerly known
as Most Favored Nation) status and are currently increasing at a rate of
50 million square meters a month.
- Industry
Not a Bargaining Chip:
The U.S. Government must avoid using the American textile
industry as a bargaining chip in the war on terrorism. The cost of this
campaign must be equally borne by all Americans, without singling out
American textile manufacturers and their workers for trade concessions.
- Effective
Customs Enforcement: The U.S. Government should provide for strong and
effective Customs enforcement of all textile and apparel trade. The
government must crack down on the massive smuggling of Asian textile
products using the in-bond system to gain duty-free access to the U.S.
market. The U.S. Government
must continue to swiftly and fully explore how to develop so-called Tracer
Technology that will allow the Customs Service to ensure
that imported goods claiming to be made of U.S. fabric and yarn do
indeed contain U.S. components
46,000
Textile Jobs Lost In 2002
46,000
workers lost their jobs as mills and factories across the US were closed and
textile mill shipments fell for the seventh consecutive year to $42.7
billion. The US textile industry employs 425,000 workers.
Imports
of yarn, fabric and made-ups jumped 20% in 2002, after a slight fall in 2001
amid a wave of shipments from China, Pakistan, India, South Korea and
Taiwan. The only good news was a sharp rise in industry net profit to $1bn
from $200 million in the year prior, although that improvement was mainly
due to strong gains in the carpet and industrial textiles sectors rather
than the fabric and yarn segments.
2005
Quota Fears
US and Caribbean textile chiefs described
the phasing out of quotas in 2005 will deal a "devastating
blow" to their industries amid a flood of low-priced clothing and
fabric imports from China.
ATMI foresee China dominating the US import market from 2005 with other countries
that enjoy preferential trade deals with the US, such as Vietnam, India and
Pakistan, forming a second tier.
However, even after the quotas are dropped, the
US will be allowed to maintain tariffs averaging 24% on textile products and 9% on apparel products at least until a new global
trade deal is agreed.
On the other hand, the American Apparel and Footwear Association (AAFA)
noted that many of their members have
considerable investments in Central America and the Caribbean Basin. The
region was rapidly losing ground to Asian countries where there is less
red-tape and labour costs are lower.
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