China is expected to become the "supplier of choice" for most US textile and apparel importers (large apparel companies and retailers) following the expiry of quotas under the Uruguay Round Agreement on Textiles & Clothing in 2005, says the US International Trade Commission in a report entitled Textiles and Apparel: Assessment of the Competitiveness of Certain Foreign Suppliers to the US Market. As requested by the USTR, the report assesses the textile and apparel industries of certain foreign suppliers to the US market with respect to their competitiveness and other factors relative to their adjustment to the final completion of the phaseout of quotas on January 1 next, as required by the ATC. The foreign suppliers covered by the report are significant ATC suppliers to the US market, Mexico, and other countries with preferential market access.
展开▼
