WASHINGTON — Michael Froman, confirmed by the Senate as the next U.S. Trade Representative on Wednesday night, will take the helm of President Obama's trade agenda at a time when the U.S. is involved in negotiating two mega trade deals — with the Asia Pacific region and, separately, with the European Union.
"Mike has been my closest adviser on a broad range of international economic issues and will continue to play a key role on my economic team," Obama said.
"He’s trusted and well-respected by our partners around the world, and for the last several years, he’s been a driving force behind our international economic agenda. In his new position, Mike will stay focused on our primary economic goals — promoting growth, creating jobs and strengthening the middle class. And he will continue to help open new markets for American businesses, level the playing field for American workers, farmers and ranchers, and fully enforce our trade rights."
Froman is leaving his post as deputy national security adviser for international economic affairs at the White House, where he played a key role in Obama’s trade agenda over the past few years, often working alongside former USTR Ron Kirk, who stepped down in February.
He will wade into the middle of the Trans-Pacific Partnership negotiations and confront several thorny issues, many involving textiles and apparel, in order to meet an ambitious deadline for wrapping up the negotiations between the U.S. and 11 other countries by the end of the year.
The TPP has wide-ranging implications for the apparel and textile industry, which is divided over rules governing apparel production and duty-free benefits. The U.S. has proposed a yarn-forward rule of origin, supported by the domestic textile industry but opposed by apparel importers, that requires apparel be made of fabric and yarns supplied by the U.S. and other TPP countries to qualify for duty-free benefits.
As chief trade negotiator, Froman will also lead the negotiations over a trans-Atlantic free trade agreement with the European Union, which are set to kick off in Washington the week of July 8.
He could be asked to help resolve a trade dispute involving the fashion industry as those talks begin.
The dispute between the U.S. and EU is putting a damper on the potential benefits of a comprehensive accord for U.S. jeansmakers, in particular. At the end of April, the EU more than tripled the tariff on U.S.-made women’s and girls’ cotton denim jeans to 38 percent, as part of retaliation for a World Trade Organization case the trading bloc won against the U.S. in 2005.
Breaking News: @louisvuitton's men's artistic director @mrkimjones is leaving the French fashion house after nearly 7 years. Jones joined Louis Vuitton in 2011, following a three year tenure as creative director of British luxury goods brand Alfred Dunhill. Jones is to exit Louis Vuitton after showing his fall 2018 collection for the brand in Paris on Thursday. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews