Textile Imports and Cotton Trade Legislation

Daniel K. Frierson


 
ABSTRACT

Imported textiles and apparel account for 15 percent of the $160 billion trade deficit. Imports of textiles and apparel account for 4 out of every 10 bales of cotton consumed in the U.S. The historical growth rate of the U.S. market is one percent a year. Imports are increasing many times faster than this growth rate. We have a crisis. Passage and enactment of textile import control legislation is crucially important.



Reprinted from Proceedings of the 1988: Beltwide Cotton Production Conference pp. 14 - 15
©National Cotton Council, Memphis TN

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Document last modified Sunday, Dec 6 1998