WASHINGTON — June 15, 2018 — The National Council of Textile Organizations (NCTO) praised the Trump administration’s announcement imposing Section 301 tariffs on China in response to China’s unfair trade practices related to the forced transfer of American technology and intellectual property. NCTO also called on the Trump administration to include finished textile and apparel products on any future lists of imports from China to be made subject to Section 301 tariffs.
“The Trump administration is to be commended for taking decisive action against China’s unfair trade practices. Section 301 tariffs deter trade cheats,” said NCTO president & CEO Auggie Tantillo.
“As per our recommendation, NCTO is pleased that almost all textile machinery products were removed from the final list of tariff lines subject to immediate 301 duties because tariffs on textile machinery hinder the competitiveness of U.S. textile manufacturers,” Tantillo continued.
“While appreciative of today’s actions, NCTO is convinced that the Trump administration’s efforts to deter China’s unfair trade practices would be even more effective if textile and apparel end products from China were made subject to Section 301 tariffs,” Tantillo said as he referred to NCTO’s China 301 public comments filed on May 11.
Noting that the Trump administration proposed an additional list of Chinese products for Section 301 tariffs as part of today’s announcement, Tantillo concluded, “NCTO is pleased that some textile products are on the second list. It would have a greater deterring effect, however, if more textile and apparel end products were included. As such, NCTO looks forward to working closely with the Trump administration to refine it.”
NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers, including artificial and synthetic filament and fiber producers.
- U.S. employment in the textile supply chain was 550,500 in 2017.
- The value of shipments for U.S. textiles and apparel was $77.9 billion in 2017.
- U.S. exports of fiber, textiles and apparel were $28.6 billion in 2017.
- Capital expenditures for textile and apparel production totaled $2.4 billion in 2016, the last year for which data is available.
Posted June 15, 2018
Source: National Council of Textile Organizations (NCTO)