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Time to shear a wool tariff
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Newspaper Article
Time to shear a wool tariff
1998
Overview
During my long life in the retail business, I always have sought to offer customers a choice of fine-quality goods made both in the United States and abroad.Customers are best served when they can choose from a variety of competing brands and labels. This principle is the reason the National Retail Federation, the largest trade association representing retailers throughout the United States, supports an effort in Congress to cut a crippling tariff on materials used for making high-quality men's suits. U.S. manufacturers of high-end men's suits and formal wear are hobbled by a huge tariff -- more than 31 percent -- on the fabrics they must use.Most manufacturers of high-end suits use very fine woolens, particularly those made in Italy and England. Such fabrics are not produced in the United States.
