On May 10, 2017, the United States Fashion Industry Association (USFIA) submitted comments to the U.S. Department of Commerce in response to the Department’s request for comments as the Administration prepares an Omnibus Report on Significant Trade Deficits (82 Federal Register 18110). Our comments make it clear that apparel trade with the 13 countries named in the Department’s Federal Register notice, while adding to the trade deficit, does nothing to weaken America’s economy and defense industrial base and, in fact, bolsters high quality employment in the United States. (The 13 countries are: Canada, China, the European Union, India, Indonesia, Japan, Korea, Malaysia, Mexico, Switzerland, Taiwan, Thailand, and Vietnam.) USFIA’s comments are available here.
USFIA Comments on Trade Deficits