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Monday, December 19, 2005

Rogers says Bahrain Trade Bill bad

Congressman Mike Rogers voted against the Bahrain Free Trade Agreement today, saying the agreement could unnecessarily harm the Third District’s textile sector, and put good paying Alabama jobs at risk by giving countries like China another unfair advantage for increasing exports duty-free to the U.S.

Rogers said H.R. 4340, the United States-Bahrain Free Trade Agreement, would remove most tariffs for goods traded between the United States and Bahrain, as well as increase the total amount of goods Bahrain can export to the U.S. However, Rogers says the agreement contains Trade Preference Levels (TPLs) that do not limit the source of the yarn for these exports, a loophole he says countries like China, India, Pakistan, Bangladesh, and Vietnam could exploit. Read More....

Source: Cleburne News

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