Opportunities for U.S. Textiles and Apparel in TPP

The U.S. Department of Commerce has published a report on export opportunities for the U.S. textile and apparel sectors in the Trans-Pacific Partnership free trade agreement.

The Report Cites Key Market Access Benefits--

• Japan will eliminate import taxes on 99.2% of U.S. textiles and apparel products exports immediately
• Vietnam will eliminate import taxes on 98.4% of U.S. textiles and apparel exports immediately and 100% within 4 years
• Malaysia will eliminate import taxes on 79.2% of U.S. textiles and apparel exports immediately
• New Zealand will eliminate import taxes on 50.0% of U.S. textiles and apparel exports immediately and 100% within 7 years

Read the full report at http://www.trade.gov/fta/tpp/industries/textile.asp