AAFA hails House for passing the Omnibus Trade Act
16 Dec '10
2 min read
The American Apparel & Footwear Association (AAFA) praised the U.S. House of Representatives for quickly passing the Omnibus Trade Act of 2010 (H.R. 6517). The Omnibus Trade Act of 2010 would renew several trade preference programs before they expire at the end of this year and would approve important trade-related measures.
“House vote to approve the Omnibus Trade Act of 2010 is one step forward in restoring certainty to the many industries, including the U.S. apparel and footwear industry, that count on trade preference programs and tariff suspensions to support jobs in the United States,” said AAFA President and CEO Kevin M. Burke.
“I applaud Representatives Sander Levin (D-MI) and Dave Camp (R-MI) for working diligently to bring these important renewals and much-needed miscellaneous tariff bill provisions to the floor. The Senate should vote to approve this legislation as soon as possible to ensure American competitiveness and support U.S. jobs.”
The Omnibus Trade Act of 2010 packages together several important trade provisions, including:
• An 18 month extension of the Andean Trade Preferences Act (ATPA), which would otherwise expire on December 31, 2010. • An 18 month extension of the Generalized System of Preferences (GSP), which would otherwise expire on December 31, 2010. • An 18 months extension of the key Trade Adjustment Assistance (TAA) provisions, which would otherwise expire on December 31, 2010. • Technical fixes to support the wool trust fund, which supports domestic production of tailored clothing and wool textiles. • A package of pending and vetted miscellaneous tariff bill (MTB) provisions.
Earlier, AAFA sent each member of the House of Representatives a key vote letter urging a yes vote on this legislation. The House key vote letter can be found on the AAFA Web site. In addition, AAFA and 25 other industry groups sent a joint letter to House leadership urging support for this legislation.