The American Apparel & Footwear Association (AAFA) has replied to the U.S. Department of Commerce concerning the current administrations commitment to double U.S. exports by 2015. Legislation is being presented due to the direct impact such policies might have on unemployment.
Accordingly, one in five jobs in the United States is dependent upon international trade. By embracing a forward-thinking and practical trade policy, it’s evident that the action will have a direct and beneficial impact on the U.S. economy through job creation.
AAFA president and CEO Kevin M. Burke commented on the matter, stating that, “As an industry that makes everywhere and sells everywhere, the U.S. apparel and footwear industry stands behind the National Export Initiative.” Burke continued his support assuring that, “Opening new markets to the free flow of goods and improving current trade flows will allow U.S. companies and their goods to become even more competitive in the global market.”
Such action may only take place given the associated parties concur on the terms of the legislation. According to Burke, “To achieve this goal, the Obama Administration and Congress must work in concert with stakeholders and the public to leverage and maximize every opportunity for growth.”
Labeling several hurdles, Burke was palpable in his anticipation to pass a form of legislation that would open numerous doors and establish a means of employment for many Americans. “We cannot afford to leave any option off the table”, speculated the CEO. “Whether improving access to export financing, continuing to open new markets, improving existing trade agreements, or even facilitating imports, every component is critical to realizing the final goal.”
“AAFA applauds President Obama for committing to the goal of doubling U.S. exports by 2015 for the purpose of creating two million new jobs and sustaining countless others,” concluded Burke.