The American Apparel & Footwear Association (AAFA), had also welcomed the passage of the TPA. AAFA also cheered the House vote to approve the Trade Preferences Extension Act of 2015. The Association said the step would boost business of US clothing and footwear companies.
The trade-promotion bill known as the Trade Promotion Authority (TPA) now heads to President Barack Obama's desk for his signature. It gives the #
The trade preferences bill includes long-term renewal of the African Growth and Opportunity Act (AGOA), the Haiti HOPE/HELP trade program, the retroactive renewal and update of the Generalized System of Preferences (GSP) program, and important clarifications to the tariff classifications for protective active footwear and performance outerwear. (SH)
Fibre2fashion News Desk – India