>>
Home / Knowledge / News / Apparel/Garments / CITA to apply 5% tariff on cotton socks from Honduras

CITA to apply 5% tariff on cotton socks from Honduras

05
May '08
The U.S. Committee for the Implementation of Textile Agreements (CITA) announced its decision to apply a textile safeguard on U.S. imports of cotton socks from Honduras. Pursuant to the provisions of the Central America-Dominican Republic-United States Free Trade Agreement (CAFTA-DR), the United States will apply a 5 percent tariff to U.S. imports of Honduran socks from July 1 to Dec. 31, 2008. In 2005, the last year before CAFTA-DR went into effect for Honduras, the average duty paid on cotton socks from Honduras was 4.4 percent.

“After an extensive investigation and careful consideration, the United States has decided to apply a safeguard measure on cotton socks from Honduras,” said Commerce Deputy Assistant Secretary of Textiles and Apparel Matt Priest. “I believe that this action will provide U.S. sock manufacturers an opportunity to adjust to increased import competition from our CAFTA-DR partners. The safeguard action expires at the same time as the current quota on Chinese cotton socks.”

“The United States has a long history of co-production with Honduras,” said Priest. “Approximately half of the cotton socks imported from Honduras were knit in the United States, primarily in Alabama and North Carolina, prior to finishing and packaging in Honduras. As our Hemisphere's textile and apparel industries become increasingly integrated, we need to stick together to face growing competition from Asia. That is why we decided that the safeguard on socks from Honduras will end at the same time as the quota on Chinese products.”


Must ReadView All

Pic: Shutterstock

Textiles | On 24th Jun 2022

Gas crisis in Germany, 2nd of 3-phase emergency supply plan activated

Germany yesterday announced activating the second phase of its...

Pic: Shutterstock

Textiles | On 24th Jun 2022

UK, US witness high inflation, authorities taking containment measures

Inflation in the United Kingdom hit 9.1 per cent year on year (YoY)...

Pic: Shutterstock

Textiles | On 24th Jun 2022

New European Commission approach to trade pacts for green, just growth

The European Commission recently took a major step in making trade in ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Annabelle Georgina Hutter,

Annabelle Georgina Hutter

A Swiss, family-owned and run textile sourcing and supply company...

Subir Mukherjee,

Subir Mukherjee

India-based Bhaskar Industries is a vertically integrated denim mill,...

Danielle Statham,

Danielle Statham

<font face="Work Sans"><span style="font-size: 16px;">Twenty-five years...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Ricardo Fernandes, Trim NW

Ricardo Fernandes
Trim NW

Trim NW, Lda. Is a producer of industrial nonwovens and nonwoven fabrics...

Syed Ali, MMS Nonwoven

Syed Ali
MMS Nonwoven

Located in JAFZA, Jebel Ali, Dubai, United Arab Emirates, MMS Nonwoven is...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Katie Pratt, Brand - Elliatt

Katie Pratt
Brand - Elliatt

Elliatt is an Australian fashion brand founded by Katie Pratt and renowned ...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Marzoli Machines Textile s.r.l.
IKEA of Sweden AB
Chico’ FAS
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
ITMA Services Pte Ltd
Esprit Europe Services GmbH
Kornit Digital Asia Pacific Ltd
FESPA (Reigate)
Loris Bellini S.r.l.
Amazon China
J ;& P Coats
Rosset ;& Cia Limited
Asos
Applied DNA Sciences Inc
Tommy Hilfiger
Aleph Srl
TEXVALLEY MARKET LIMITED
Alix Partners
China World International Exhibition Company Limited
Maceton Limited
Coats Digital Limited
Centric Software
Nandan Denim Limited
BRINKMANN GMBH
Grasim Industries Limited
Gatsby Africa
Puma
Lenzing Aktiengesellschaft - India
Lenzing Aktiengesellschaft
Dow Silicones Corporation
GERBER TECHNOLOGY LTD.
G-Star Raw C.V.
Stahl Holdings B.V.,
The LYCRA Company Singapore  Pte. Ltd
VNU Exhibitions Asia
Messe Duesseldorf
Pt. Peraga Nusantara Jaya Sakti
Lectra Technologies India Pvt Ltd.
Savio Macchine Tessili S.P.A.
Jindal Worldwide Limited
Abit
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Tradewind International Servicing
Groz-Beckert East Asia LLP
Mesdan SPA
The LYCRA Company Singapore  Pte. Ltd
EPCH
Gloria Jeans
Recron Polyester from Reliance Industries Limited
Splash
Eastman Chemical Company
CSGIA(China Screen Printing & Graphic Imaging Association)
USTER
EMBEE CORPORATION
Messe Frankfurt Exhibition GmbH
John Varvatos
BTSR International S.P.A.
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
JES MEDIA, INC
TÜYAP IHTISAS FUARLARI A.S.
EUROVET ASIA LTD
C;&A Sourcing International Ltd
Boardriders Asia Sourcing Limited
Kern – Liebers Textile
Aramark Uniform ;& Career Apparel, LLC
Bluesign Technologies Ag
Italian Trade Commission
Officina Meccanica Dora Enrico Srl
THE BOMBAY DYEING ;& MFG.CO. LTD
Meera Dyestuff Industries
TESCO INTERNATIONAL SOURCING LIMITED
Tory Burch Hong Kong Ltd
Rieter India Private Limited
Jiangsu Yingyang Nonwoven Machinery Company Limited
Arvind Limited
Babyshop
LC Waikiki
Decathlon
H. Stoll AG & Company KG
Groz-Beckert KG
Color Service s.r.l.
Lottmann Communications
NITI Aayog
TESTEX AG, Swiss Textile Testing Institute
Woolmark Services India Pvt. Ltd.
Taiwan Textile Federation (TTF)
Under Armour Global Sourcing Ltd
IIGM Private Limited
Cat Tuong Real Estate Group Joint Stock Company
Tuyap Tum Fuarcilik Yapim A.S.
Palexpo SA
Midas Clothing Limited
Recron Polyester from Reliance Industries Limited
Landmark Group
Datacolor AG Europe
Tchibo GmbH
Vianney Textil Hogar S.A. De C.V.
Thai Trade Center
Walmart
Aquarelle Clothing Limited
KAS Direct Sourcing
FULGAR SpA
Indofil Industries Limited - Specialty & Performance Chemicals Division
Calvin Klein
Benetton Group
Lacoste (Wanchai)
UBM China (Shanghai)
COTTON COUNCIL INTERNATIONAL
Green Fibre
Lisa S.P.A.
Sainsbury's Argos Asia Limited
Desigual - ABASIC, S.A.
T.T. Limited
GHCL LIMITED
Weitmann & Konrad GmbH & Co. KG
Hirdaramani International Export Private Limited
MAS Active / MAS Kreeda / MAS Bodyline
Seasalt Limited
Karl Mayer Textilmaschinenfabrik GmbH
APLF Limited
Guess Europe Sagl,
BIANCA
Sateri (Jiujiang) Fiber Co.,Ltd
Huntsman (Singapore) Pte Ltd
Etam Group Strategy Hong Kong Limited
DyStar India Pvt. Ltd
PVH Corporation
Comasia Limited
Mayer & Cie. GmbH & Co. KG
International Textile Manufacturers Federation
Restoque S.A.
K AND D ITMACH EXPOSITIONS LLP
Phong Phu international JSC (PPJ)
SHAHI Exports Pvt Ltd
SYNERGIES HONG KONG LIMITED
Copenhagen Fashion Summit
International Sourcing Expo Australia
Itema Weaving (India) Private Limited
Istanbul Fuarcilik A.S.
Truetzschler India Private Limited
Haelixa AG
Datatex Consulting Srl
OVS Hong Kong Sourcing Ltd.
Brandix Lanka Limited
Flainox S.r.l.
Target Corporation (MN)
Brückner Trockentechnik GmbH & Co. KG
Zydex Industries
NV Michel Van de Wiele
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Performance Days
Equinox Impex India
Gap International Sourcing Limited
Infor (Hong Kong) Limited
CGS Inc.
ZAITEX spa
N9 World Technologies Private Limited
Page Industries Limited (Bangalore)
Lifestyle
Rayonese Textile Inc., Division de Culp Inc.
Inter Expo Center Ltd.
The Top Form Brassiere Manufacturing Company Limited
DuPont de Nemours, Inc.,
Shima Seiki Mfg. Ltd.
Sportswear Company Spa
Indo Tex
BTC Textiles LLC
Lululemon Athletica Inc
Sportmaster Ltd.
H;&M Hennes ;& Mauritz (Far East) Ltd
Colours India Inc
Newtech Textile Technology Development (Shanghai) Company Limited
Shanghai  Aige Exhibition Service Co., Ltd
Alison Hayes Romania
Reiter India Private Limited
BIMBA ;& LOLA SL
X-Rite Asia Pacific Limited (HK)
KIABI
Varner AS Retail
Hela Clothing Pvt Ltd
Xtema - Thomas Lebherz Textilmaschinen
IFF Media Ag - International Media Services
Bluestem Global Sourcing Limited
Gokaldas Exports Limited
Saurer Textile Solutions Pvt. Ltd.
G.A.S. unternehmenskommunikation gmbh
Zünd Systemtechnik AG
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
IDH – The Sustainable Trade Initiative
Thermore (Far East) Ltd.
GIOVANNI BOZZETTO S.p.A.
Vardhman Textile Ltd
Nihalani Events Management
Thai Acrylic Fibre Company Limited
Chori Company Limited
Helly Hansen Far East Ltd
Eurofins BLC Leather Technology Centre Ltd
Permoda(Koaj/Armi/Pronto/Bkul)

June 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search