Analysis: 'Made in China' Clothing Sales May Shrink Under Pacific Trade Pact
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"Made in China" will be a less frequent sight in U.S. clothing stores if the United States has its way in a new trade pact negotiated among 12 Pacific Rim nations. Washington aims to engineer a deal where Vietnam, set to be one of the big winners among the members of the Trans-Pacific Partnership (TPP), would win apparel market share from China and other non-members, rather than Mexico and Central America. Today, thanks to regional trade deals half of U.S. yarn and textile exports head south of the border.
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