The American Apparel & Footwear Association applauded the U.S. House of Representative's swift action to renew the Generalized System of Preferences and the Andean Trade Preference Act for one year. AAFA now calls on the U.S. Senate to follow suit and quickly vote to renew these important preference programs before they expire at the end of the year.
“The House's action to renew these two vital programs was critically important,” said AAFA President and CEO Kevin M. Burke."
“Our industry's ability to utilize these programs helps keep prices low for hardworking American families on necessities like t-shirts, socks, and other clothing items.”
“I now urge the U.S. Senate to vote on these extensions so that President Obama can sign them before those in U.S. apparel and footwear industry who source in these covered regions experience any further business disruptions,” Burke said.
“Disruptions at this delicate juncture will only erode the recovery our industry has started to make since the recession began.”
American Apparel & Footwear Association (AAFA)