Honduran sock tariffs approved

Honduran sock tariffs approved

There are 2 comments on the Times-Journal story from Jan 18, 2008, titled Honduran sock tariffs approved. In it, Times-Journal reports that:

“It was a commitment from this administration that if the numbers warranted it then safeguards would be imposed. Commitments have to be kept. Today's decision is the right one without a doubt.”

The Bush Administration announced Friday it will go ahead with a tariff on sock imports from Honduras. via Times-Journal

Join the discussion below, or Read more at Times-Journal.

Sefrin McCraw

Holly Springs, NC

#1 Mar 18, 2008
I am so glad that our present administration could come to the rescue of our hosiery industry. Gildan really needed this protection after buying domestic companies and closing them down. They must be losing more than what the employees of the closed plants are losing or our government would be implementing sheltered legislation to help out with the loss of a way of life. Oh yea, a way of life that was contributing to the tax base.
Charles Farley

Peachtree City, GA

#2 Mar 25, 2008
I can only say that if my line of work could so easily be threatened by cheap imports, I would be getting back to school to learn a trade I can pay the bills with when the coin finally does flip the wrong way. Look down at Jacksonville to see what happens when a hundred year old mill closes down finally. It's time to invest in more than hosiery for Fort Payne. Time for something that has domestic growth potential.

CF

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