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March 10, 2006
U.S. Textile, Apparel Imports Climb
Imports of apparel and textiles surged 7.6% in January as the U.S. trade deficit continued to widen, the Commerce Department reported this week.
The trade deficit hit a record $68.5 billion for the month, growing 5.3% over the December figure.
China increased its textile and apparel shipments to the U.S. by 20% in January, despite recent restrictions on imports from the country.
Posted by Blacks on March 10, 2006 09:15 AM
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