Textile Groups Differ on Central America Pact
Two major groups representing the textile industry, which is highly sensitive to foreign competition, came out on opposing sides in the debate over a free-trade agreement with six Central American and Caribbean countries.
The National Council of Textile Organizations announced its support for the Central American Free Trade Agreement, a decision that was hailed by the Bush administration.
The American Manufacturing Trade Action Coalition, however, repeated its opposition to CAFTA, saying it was a “job killer” filled with loopholes designed to encourage the outsourcing of U.S. jobs.
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