Stakeholders: USMCA rules could undercut benefits for the apparel industry

Apparel industry groups are raising concerns about regulatory requirements in the U.S.-Mexico-Canada Agreement they say could harm the industry, keeping companies from expanding their sourcing in Mexico and Canada. The North American Free Trade Agreement's yarn-forward rule, which the groups had hoped would be eased in a renegotiated deal, was instead “made tougher,” Julia Hughes, president of the U.S. Fashion Industry Association, told Inside U.S. Trade. The yarn-forward rule of origin dictates that all of the steps in the...