Political Quotes

Duncan Faircloth: as you know there has been severe financial turmoil in Asia. This has lead to a dramatic increase in the trade deficit.…

On the recordJuly 29, 1998
as you know there has been severe financial turmoil in Asia. This has lead to a dramatic increase in the trade deficit. It is my understanding that exports from Asian nations are up significantly, particularly with respect to textiles. This is an important industry to my home State of North Carolina. My principal concern is that when quotas are met, there will be an attempt to illegally ship textiles into this country through other countries, like Mexico. This is a process known as ``transhipment.'' As you know, the U.S. Customs Service has frontline responsibility for enforcing the laws that would bar illegal shipments into this country. We have already written our Senate report, but I would hope that in Conference you would advocate report language that would encourage the Customs Service to step up their enforcement activities in this area.
Said by
Duncan Faircloth
Republican · North Carolina

Editor's note · Context

Addressing the impact of Asian financial turmoil on U.S. textile imports and enforcement of trade laws.

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