OBAMA ADMINISTRATION’S OPTIONS TO PROTECT US KNITTING INDUSTRY ARE LIMITED
March 1st, 2009
BY LUCY JONES
KNITWEAR featuring Barack Obama's image stole the limelight at the Paris fashion week last autumn but whether the love will be returned to the global knitwear industry has yet to be seen.
Indeed, there is cause for concern, because Obama used protectionist rhetoric on the campaign trail.
However, pressure is now on for the US to negotiate a deal at the World Trade Organisation (WTO) Doha talks to lower trade barriers, which could prove devastating for American knitwear manufacturing, if more cheap imports are allowed.
Additionally, a biting ...
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