Posted on 12/19/2010 6:38:36 PM PST by 1rudeboy
The country's largest manufacturer of sleeping bags says new competition from Bangladesh could force it out of business if the U.S. does not level the playing field.
Exxel Outdoors Inc., which employs nearly 70 workers in its Alabama factory and makes about 2 million sleeping bags per year, has been pressing the Obama administration to lift an exemption that lets Bangladesh import sleeping bags into the country without paying a 9 percent tariff.
"You can't leave an American manufacturer at a competitive disadvantage with a foreign worker," Harry Kazazian, chief executive of the company, told FoxNews.com.
But that's apparently what the Obama administration has done, turning down the company's request in an initial ruling and forcing Exxel to submit another request.
The office of the U.S. Trade Representative, which is reviewing Exxel's request, told FoxNews.com that its review will conclude in the spring and that President Obama would have to sign off on any changes to the list of duty-free products changes that would go into effect before July 1.
"We take Exxel's concerns seriously," the office said in a statement.
Exxel is also seeking help from Congress.
Sen. Jeff Sessions, R-Ala., has tried to slap a tariff on Bangladesh sleeping bags but he has been unable to sway his fellow lawmakers to change the U.S. Generalized System of Preferences, or GSP, which determines which products third-world countries can import duty free.
(Excerpt) Read more at foxnews.com ...
Thanks for your post....been seeing this charade for years...it’s unbelievable what has happened and you will still have people defend it to the death...because i’m sure it doesn’t effect them or they are making money from it.
You’re right I had nothing inteligent to say since i was quoting you.
You could try MSNBC, or maybe the Huffington post. They talk about making the "rich" pay their "fair share" on a regular basis. Of course, most people are smart enough to understand that, when MSNBC talks about the "rich," it is talking about you.
And, yes, I'm saying this enormous federal payout is very much related to our trade policies that have moved millions of jobs out of the US to cheap labor nations over the past fifty years. And those jobs are only partially being replaced.
jpsb: “herp durrp”
Did you get that from the Obama campaign?
You could try MSNBC, or maybe the Huffington post. They talk about making the “rich” pay their “fair share” on a regular basis. Of course, most people are smart enough to understand that, when MSNBC talks about the “rich,” it is talking about you.
We’re on different wavelengths....or maybe you are so smart and i can’t comprehend the level of your brilliance...i should know better than to post anything on your threads...you are one of the biggest D-bags on FR....no need for a response...you bore me.
Remember the steel fiasco? The dumpers can just appeal as Bush did with the steel industry. Of course this isn’t as big as the steel industry which is heavily protected.
Great idea! Staying off my threads, I mean. You won’t be missed. ciao
It’s part of the big pitcher, corporate tax is, isn’t it! Domestic corporate taxes + U.S. taxes on foreign earnings + escalating health insurance costs = outsourcing of U.S. jobs + investments overseas.
How long do you suppose that takes? - My guess - just long enough to be ineffectual.
It depends. But with respect to the Obama Administration, Exxel isn’t even on the radar screen.
Lol, I and many others were aware of this trend of Americans moving from reasonably good paying jobs to lower paying jobs and help from government support programs long before anyone outside his immediate circle ever heard of Barack Obama.
Yes, I am aware of the protectionist myth that real wages are constantly falling. It’s like their belief that the Earth is flat.
That entire post is nothing but predictable boilerplate and pretend-free trader nonsense that’s about as relevant as the output of Jesse Jackson and Al Sharpton.
These guys make the Ozark Trails brand that is sold at Wal-Mart.
This is not a thread about the U.S. government spending too much money. It is a thread about trade.LOL! are you really that dense?...I guess so. You can only pretend to be wise for so long.
BTW, are all of the people who are opposed to foreign oil dependence "protectionists" in your limited view?
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