AAFA Applauds Trade Promotion Authority Bill

4/20/2015
Following an announcement that a bipartisan Congressional bill on Trade Promotion Authority (TPA) was introduced, Juanita D. Duggan, president and CEO of the American Apparel & Footwear Association, released the following statement calling the announcement welcome news:  

"In a global economy where 95 percent of our customers live outside the U.S., access to markets and materials is critical to the health of U.S. clothing and shoe companies. The apparel and footwear industry, which supports four million trade-dependent U.S. jobs and contributes $361 billion to the economy in retail sales, has long been supporters of eliminating trade barriers so that our products and inputs can easily move across borders.

"Today's news that a bipartisan bill on Trade Promotion Authority was introduced is a very welcome development. Congressional approval of TPA will be an important precursor toward completion of the pending trade deals with Europe and the Pacific Rim.  Equally important, Congressional consideration of TPA paves the way for renewing expired and expiring trade measures such as the African Growth and Opportunity Act (AGOA) and the Generalized System of Preferences (GSP).  We hope Congress approves these and other measures, which are vital for our members in reducing costs, promoting investment, and supporting trade-based jobs, both in the United States and abroad.

"We thank Senator Orrin Hatch (R-UT), Senator Ron Wyden (D-OR), and Representative Paul Ryan (R-WI) for their leadership on the issue. We urge both chambers to pass this important legislation expeditiously."

At the start of the year, AAFA sent letters concerning its trade priorities to Chairman Ryan and Chairman Hatch and to President Obama.
Following an announcement that a bipartisan Congressional bill on Trade Promotion Authority (TPA) was introduced, Juanita D. Duggan, president and CEO of the American Apparel & Footwear Association, released the following statement calling the announcement welcome news:  

"In a global economy where 95 percent of our customers live outside the U.S., access to markets and materials is critical to the health of U.S. clothing and shoe companies. The apparel and footwear industry, which supports four million trade-dependent U.S. jobs and contributes $361 billion to the economy in retail sales, has long been supporters of eliminating trade barriers so that our products and inputs can easily move across borders.

"Today's news that a bipartisan bill on Trade Promotion Authority was introduced is a very welcome development. Congressional approval of TPA will be an important precursor toward completion of the pending trade deals with Europe and the Pacific Rim.  Equally important, Congressional consideration of TPA paves the way for renewing expired and expiring trade measures such as the African Growth and Opportunity Act (AGOA) and the Generalized System of Preferences (GSP).  We hope Congress approves these and other measures, which are vital for our members in reducing costs, promoting investment, and supporting trade-based jobs, both in the United States and abroad.

"We thank Senator Orrin Hatch (R-UT), Senator Ron Wyden (D-OR), and Representative Paul Ryan (R-WI) for their leadership on the issue. We urge both chambers to pass this important legislation expeditiously."

At the start of the year, AAFA sent letters concerning its trade priorities to Chairman Ryan and Chairman Hatch and to President Obama.

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