WASHINGTON — A coalition of textile, labor, business and agriculture organizations launched a drive Thursday to seek major reform of U.S. trade policy.
The initiative is aimed at the presidential candidates and members of Congress facing reelection next month.
The Coalition to Fix America’s Economy, which includes the two primary textile trade organizations, the American Manufacturing Trade Action Coalition and the National Council of Textile Organizations, along with 33 other organizations and 75 individual companies, unveiled a policy platform at a news conference on Capitol Hill that it hopes will influence the trade policies of the next president and Congress.
The coalition is pressing elected officials to endorse and support several trade-related principles, including aggressive enforcement of U.S. trade laws, stopping goods from being dumped on the U.S. market below the cost of manufacture, halting subsidized imports that put American firms at a disadvantage and curbing intellectual property theft.
The platform also calls for strong action against currency manipulation, primarily by China, and the passage of legislation that would make currency manipulation actionable under U.S. trade laws. It also advocates the elimination of tax disadvantages that discourage investment in the U.S. and support for trade policies that require “full reciprocity, fairness and transparency,” including labor and environmental standards.
“America’s fascination and now disappointment with our financial bubble has diverted attention from the true sources of prosperity, such as manufacturing,” said George Shuster, chairman, president and chief executive officer of Cranston Print Works Co., and co-chairman of the coalition.
Shuster said the platform seeks to “reverse the tragic mistakes” of trade policy.
The coalition’s platform did not include the textile industry’ top lobbying objective of securing an extension and expansion of the Commerce Department’s monitoring program of Vietnamese apparel and textile imports to include Chinese goods from those sectors. The Vietnam monitoring program expires at the end of President Bush’s term.
Textile groups and companies are lobbying for monitoring of Chinese imports because quotas on 34 categories of imported apparel and textile import categories from China expire at the end of the year. The industry fears it will be further devastated by subsidized and dumped imports from China.
Shuster said the coalition did not include industry-specific issues in the platform and sought to keep it general because several industries are represented. In addition, the textile industry has launched its own lobbying effort on China.
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion
Eighty degree temperatures and outdoor installations at the annual Art Basel Miami Beach called for bright, elevated beachwear. See more street style pictures on WWD.com. #theyarewearing #ABMB (📷: @lifeinreverie)
Following September’s emotional tribute to her brother Gianni, Donatella Versace wanted to bring the spring show’s deep sense of intimacy to her @versace_official pre-fall collection. Donatella found inspiration in Versace Palazzo in Milan and from Gianni’s opulent apartment. Archival patterns and new motifs were splashed on silk shirtdresses and fitted jersey frocks. See the rest of the photos on WWD.com. #wwdfashion
Demna Gvasalia continues to shake up the Paris fashion calendar — and experiment with new runway timetables for his @vetements_official brand. WWD has learned that Vetements plans to stage its next coed show for the fall 2018 season on January 19 during Men’s Fashion Week in the French capital. Details about the timing and venue have not been confirmed — stay tuned on WWD.com to catch the latest. #wwdnews (📷: @giovanni_giannoni_photo)
@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
For @monsemaison’s pre-fall 2018 collection, Fernando Garcia and Laura Kim honed in on the brand’s many signatures — men’s wear, which was tweaked and feminized through deconstruction, proportion play and lots of bare shoulders. See the rest of the photos on WWD.com #wwdfashion (📷: George Chinese)
On Friday night, @yohjiyamamotoofficial received the Design for Asia Lifetime Achievement Award in Hong Kong. The 75-year-old designer has been celebrated for many years and is best known for his dark and avant-garde tailoring. “In my long career, in design, architecture, [I’ve been to] so many parties, this is the very first time that I have such a warm feeling, I really appreciate this,” Yamamoto said. #wwdfashion (📷: @dominiquemaitre)