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The Textile and Apparel Trade Act: Saving Jobs at a Cost of $4 Million Each - Vimarsana News

The Textile and Apparel Trade Act: Saving Jobs at a Cost of $4 Million Each

In light of many months of United States trade deficits, Congress seems set to try to override Ronald Reagan's December 1985 veto of legislation curbing imports of textiles and apparel fibers. This protectionist legislation, known as the Textile and Apparel Trade Enforcement Act of 1985, is based an the so-called Jenkins Bill, introduced in the House (H.R. 1562) by Representative Ed Jenkins (D-GA), and a similar bill sponsored in the Senate (S. 680) by Senators Strom Thurmond (R-SC) and Ernest Hollings (D-SC).

China's Tariff Exclusions for US Imports: A Timeline - Vimarsana News

China's Tariff Exclusions for US Imports: A Timeline

Learn about the Chinese exemptions on its retaliatory tariffs on US products and the latest extended applicable timelines as of September 2021.