There’s an important under reported initiative called the Trans Pacific Partnership (TPP). The TPP is an international free trade agreement currently being negotiated between the US, Canada, Mexico, Chile, Peru, Australia, New Zealand, Brunei Darussalam, Singapore, Malaysia, and Vietnam. When the agreement is finalized it lets members export their product with lower fees, and essentially reduces large barriers to entry within member countries.
SOFREP recently read a report conducted by the National Council of Textile Organizations (NCTO) that points out the US textile industry concerns over approval of the TPP, and the possibility of a congressional push to eliminate the Berry Amendment altogether.
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