NCTO Endorses New Trade Agreement
December 7, 2018

The National Council of Textile Organizations board of directors has voted to endorse the U.S.-Mexico-Canada Agreement. The United States, Canada and Mexico signed the USMCA on Nov. 30.

“On behalf of the U.S. textile industry, thank you to President Trump, Ambassador Lighthizer and the entire U.S. negotiating team for your hard work in getting USMCA done,” said NCTO Chairman Marty Moran. “The new deal is better than NAFTA for the U.S. textile industry in many aspects and NCTO is pleased to endorse it.”

USMCA improvements over NAFTA include:

  • A standalone chapter for textile and apparel. NAFTA does not have a separate chapter covering textile and apparel rules of origin;
  • Stronger rules of origin for sewing thread, pocketing, narrow elastics and certain coated fabrics;
  • Fixing the Kissell Amendment loophole;
  • Stronger rules for customs enforcement.

Source: NCTO