Wednesday, August 7, 2013
Reminder: The ITC Wants to Hear from You Regarding Barriers to Doing Business in Europe
Reminder the United States International Trade Commission ("USITC") is accepting comments on how European non-tariff barriers ("NTBs") affect small- and medium-sized business. Most American textile mills may be classified as small- or medium-sized business. A 2009 study by the European research and consulting firm Ecorys found that NTBs added 19.2 percent to the cost of European textile and clothing articles imported into the US. The added NTB cost for US textiles and clothing exported to the EU was found to be 16.7 percent.