BRAZIL TEXTILES TO OVERCOME THE US TARIFFS BATTLE
November 1st, 2009
BY GREGORY MELUS
THE BRAZILIAN textile industry is confident it can overcome any ill effects from its government placing World Trade Organisation (WTO)-authorised retaliatory tariffs on more than 222 US products. These will be applied to US textile imports, including threads, yarns, cotton, polyester fabrics, and finished products ranging from handkerchiefs to crocheted blouses, in response to US cotton subsidies which have been deemed too high by the WTO.
Anita Delmonte of the Brazilian Textile and Apparel Industry Association (ABIT) said other exporting ...
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