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Action Taken Against Predatory Honduran Sock Imports
Friday January 18, 2008“I am pleased that the administration has decided to take action to protect our domestic sock industry,” Congressman Aderholt stated. “It was a commitment from this administration that if the numbers warranted it then safeguards would be imposed. Commitments have to be kept. Today’s decision is the right one without a doubt.”
The Committee for the Implementation of Textile Agreements (CITA) is the government agency responsible for safeguard implementation. CITA was established in 1972 and consists of representatives from the Departments of Commerce, State, Labor, and Treasury, and the U.S. Trade Representative
“This move by the administration is welcome news for our domestic sock industry,” added Congressman Aderholt. “I have said all along that the facts warranted a positive safeguard position, I am glad that the administration agreed with me.”
According to recently revised U.S. Census data on domestic sock production, production dropped by 19.6% in 2006. In the first quarter of 2007, domestic sock production dropped by another 13.5%. At the same time, import data from the Department of Commerce indicates that imports from
A Honduran sock safeguard has been one of Congressman Aderholt’s top priorities. So that domestic sock producers won’t leave for
Aderholt concluded, “I have always made fighting to protect jobs in