By  on September 18, 2018

MEXICO CITY — The new bilateral trade deal between the U.S. and Mexico is a positive development for Mexico’s struggling textiles and apparel industry, the industry’s lead negotiator told WWD.

“The negotiations in balance were good for the industry,” said José Cohen, who is also president of textiles lobby Canaintex. Since talks began last year, “the American posture has always been to eliminate the tariff preference level 100 percent, which would have removed [sourcing] flexibilities we had for 25 years. They have agreed to maintain them except for a 20 percent reduction in some fabrics.”

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