Textile Group Continues Backing TPP Despite ITC's Mixed Outlook For Sector

The National Council of Textile Organizations will not waver in its support of the Trans-Pacific Partnership despite the U.S. International Trade Commission predicting the industry will see a small decline in output and employment, and textile imports will increase by less than two percent by 2032 as a result of the deal, according to an NCTO spokesperson. The ITC report predicts that U.S. imports of textile goods will increase by 1.6 percent -- or $869 million -- by 2032 with...