Bill introduced to help U.S. cotton shirt makers

Industries

Friday, August 03, 2012

Rep. Charles Rangel, D.-N.Y., on Thursday introduced the Cotton Trust Fund Act (H.R. 6265) in the House, a bill he said is designed to help U.S. cotton shirt manufacturers better compete with imports. Every day millions of shirts enter the U.S. duty free, while American shirt manufacturers are subject to strict entry quotas and duties as high as 13.5 percent once the quota is filled, the congressman’s office said. The original Cotton Trust Fund was introduced as part o...

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