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Michaud applaud modification to tariff loophole exploited by foreign shoe manufacturers Business Bangor Daily News BDN Maine
Sen,[link widoczny dla zalogowanych]. Olympia Snowe and Rep. Mike Michaud are hailing the closing of a tariff loophole they say foreign footwear manufacturers had been exploiting.
The International Trade Commission concluded an investigation of foreign shoe manufacturers who had been adding a small amount of textile material onto the sole of certain rubber footwear in order to get the shoes reclassified as a textile product and therefore subject to a much lower duty rate,[link widoczny dla zalogowanych].
The ITC concluded its investigation on Aug. to close the loophole. President Barack Obama signed the proclamation on Oct. 31.
"Increasingly, foreign footwear manufacturers are looking for ways to circumvent trade rules and gain an unfair advantage over our remaining producers here at home,[link widoczny dla zalogowanych]," Snowe, R-Maine,[link widoczny dla zalogowanych], said in a press release. "The investigation into these practices was vital to supporting the continued viability of workers in Maine and the resultant decision to close this loophole couldn't come soon enough. Footwear production, which despite increased foreign competition still employs nearly 1,[link widoczny dla zalogowanych],000 workers in our state,[link widoczny dla zalogowanych], has served as a cornerstone of Maine and New England's manufacturing base and I am dedicated to ensuring these lines remain Made-in-the-USA."
Michaud echoed Snowe's statement,[link widoczny dla zalogowanych].
"The president's announcement is good news for footwear jobs here in Maine. This is another example of how our nation's trade policies impact the ability of our businesses to grow and create jobs," the 2nd District Democrat said in a press release. "This smart, no cost policy change will help ensure that we have a more level playing field for an industry that still has a significant presence in our state. During a time of economic uncertainty, job growth here at home must be our number one priority. Closing this loophole represents a positive step forward."
Snowe raised the issue with the Treasury Department on Jan. 15,[link widoczny dla zalogowanych], 2010, and asked the ITC to investigate.
A letter by Snowe was sent to the ITC on July 2, 2010, requesting the investigation by ITC. It was also signed by Sen. Susan Collins and Rep. Chellie Pingree of Maine, along with five other senators and representatives.
Matt LeBretton,[link widoczny dla zalogowanych], director of public affairs at New Balance Athletic Shoes Inc., was pleased to hear the news.
would like to extend our thanks to Senator Snowe for her continued support of footwear manufacturing in Maine," LeBretton said in a press release. "As the last athletic footwear manufacturer in the United States,[link widoczny dla zalogowanych], New Balance is proud of its heritage in Maine and grateful for the almost one thousand Mainers that make our shoes in Norridgewock, Skowhegan and Norway. You may be ticked off at what someone did or said, but you can explain that without resorting to name-calling or obscenity. Remember that young people are on this site too.
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Stay focused on the issue in the article,[link widoczny dla zalogowanych]. Off-topic posts will be deleted.
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