U.S. Backs Off Flexibility For 'Gimped' Yarn In Proposal With Peru, Mexico

TAMUNING, Guam -- A unified proposal on textile and apparel rules of origin by the United States, Mexico and Peru that was discussed at the Trans-Pacific Partnership (TPP) negotiating round here includes more stringent requirements for regional sourcing of so-called "gimped" yarn than the U.S. had previously proposed individually, according to informed sources. To the dismay of some TPP countries and apparel importers, the unified proposal backs away from the previous U.S. approach, which had allowed this stretchy type of...