Monday, September 23, 2013

Do You Make Men’s or Boy’s Suits of Imported Worsted Wool?

Submit Your Application by 5 pm on Oct. 15, 2013
 to Obtain a Tariff Rate Quota!
 
 
A “Tariff Rate Quota” (TRQ) is a temporary reduction on import duties, and in this particular case, it would mean a duty savings of 25%, or $25 on every $100, imported through Dec. 31, 2014.
Title V of the Trade and Development Act of 2000, which created this TRQ, requires that they be allocated to persons who
1) Cut and sew men’s and boy’s worsted wool suits, suit-type jackets and trousers in the United States, and/or
2) Weave worsted wool fabrics with an average fiber diameter of either 18.5 microns or less, OR that which is greater than 18.5 microns, for making men’s and boy’s suits.
Right now, applications to obtain this reduction are being accepted from “persons,” i.e., firms, corporations, or other legal entities, who either fall under either of the two above categories.
In order to be eligible for this TRQ, an application must be submitted on the form provided at http://otexa.ita.doc.gov/wooltrq/wool_app.htm
and be submitted by 5 pm on October 15, 2013 to the
Office of Textiles and Apparel, Room 30003
U.S. Dept. of Commerce
1401 Constitution Ave. NW
Washington, DC  20230
If you have any problems with the link above, you may also call (202) 482-3400.
Questions/comments?  Post below or email me at clark.deanna@gmail.com
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