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U.S. Fashion Industry Applauds Passage of TPA by Senate
Washington, D.C. - The United States Fashion Industry Association (USFIA) applauds the Senate’s passage of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, which would renew Trade Promotion Authority (TPA).“The fashion industry is grateful to the U.S. Senate for passing Trade Promotion Authority before the Memorial Day Recess,” says Julia K. Hughes, President of USFIA. “We urge the House to quickly follow suit upon their return so the Obama Administration can continue its work to create high-standard, 21st-century trade policy.”
“The passage of TPA will pave the way for the Obama Administration to conclude the Trans-Pacific Partnership and continue to work on the Transatlantic Trade & Investment Partnership,” adds Hughes.
“Fashion brands, retailers, and importers in the United States are global businesses,” she noted. “They not only import products utilizing complex, global supply chains, but also increasingly sell their products all over the world, too. This globalization leads to high-quality jobs in areas like design, sourcing, compliance, logistics, shipping, marketing, and retail in the United States. It’s important that America’s trade policy reflects the way American companies are doing business around the world.”
“Finally, we’d also like to thank the Senate for passing the trade preferences legislation, including renewal of the African Growth & Opportunity Act, the Generalized System of Preferences, and the Haiti trade preferences,” Hughes concluded. “These programs are utilized by many fashion and lifestyle brands and retailers, and we urge the House to pass them, too.”
About the United States Fashion Industry Association
The United States Fashion Industry Association (USFIA) represents the fashion industry: textile and apparel brands, retailers, importers, and wholesalers based in the United States and doing business globally. Founded in 1989 as the United States Association of Importers of Textiles & Apparel with the goal of eliminating the global apparel quota system, USFIA now works to eliminate the tariff and non-tariff barriers that impede the industry’s ability to trade freely and create economic opportunities in the United States and abroad. For more information, visit www.usfashionindustry.com.