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US Department of Commerce Leaves Textile Industry Out of Trade Agreement Priorities. Since President Donald Trump took office there has been much talk about the ambitious "America First" trade priorities including pulling out of the Trans-Pacific Partnership agreement, the planned renegotiating of the North American Free Trade Agreement, and even revisiting the textile industry's disastrous US-Korea Free Trade Agreement.
So, it would seem logical the US textile industry would be a priority in the changes in all these trade talks. Apparently not.
Last week Department of Commerce Secretary Wilbur Ross, no stranger to the textile industry, named 6 core industries for its trade agenda -- steel, aluminum, vehicles, aircraft, shipbuilding and semiconductors. Noticeably missing was the consideration of textiles as a vital core industry for inclusion in these trade talks. Despite back-patting about the optimism of working with the new Trump Administration when the National Council of Textile Organizations (NCTO) met in Washington recently for its annual meeting, there seems to be a long road to hoe before textiles is taken seriously by the Federal government for its importance to the US economy. Again, I ask: Who will take the lead in developing a US textile industry vision?
Posted April 26, 2017
"The United States is looked upon by those with whom I inter-related as less and less relevant as an economic force, and has become simply the market into which those within and outside of the Trans-Pacific Partnership (TPP) countries would sell their goods and services with little concern for reciprocity. To me, our immediate withdrawal from TPP after the election only compounds this situation." Click here to read the entire posting by Bud Weisbart, a small business owner and frequent contributor to BeaverLake6 Report. Posted March 29, 2017
The Office of the U.S. Trade Representative (USTR) has released President Trump's 2017 Trade Policy Agenda. The document, officially called 2017 Trade Policy Agenda and 2016 Annual Report of the President of the United States on the Trade Agreements Program, outlines the new Administration’s four trade priorities:
BeaverLake6 Report has created a special page within this website and placed the first chapter of the 336-page document which summarizes the policy. Click here to read it. Posted March 2, 2017
Back on March 24, 2016, I was one of the first to predict the Trans-Pacific Partnership (TPP) agreement was a dead deal. In fact, I said that I wouldn’t be surprised that, if Donald Trump became President, the agreement is shredded on day one of his new administration. Well, I was off by three days. Yesterday, President Trump signed an Executive Order, officially withdrawing the United States from the TPP agreement. Now the question is can the National Council of Textile Organizations put together a comprehensive plan for the domestic textile industry in a post-TPP era? Click here to read the rest. Posted January 25, 2017
There are literally dozens of market reports for the many market sections and subsections within the technical textiles industry. In 2017, BeaverLake6 Report will be introducing a few of these reports to our viewers. The first report being features is The Future of Spcialty Geosynthetics to 2021. It was developed by Smithers Apex, a market research firm based in the United Kingdom.
In exchange for the promotion, Smithers Apex agreed to write an exclusive expanded executive summary of the market report for our readers. Click here to view the market summary. Posted January 9, 2017
2016 China Textile Innovation Conference, as an annual summit of industry innovation, was held in Beijing on December 12th, 2016. The conference, themed on “New Opportunity, New Advantages, New Vitality” – Stepping Towards a Textile Power, comprehensively summarized the industry innovation achievements and explored the new advantages in development in order to grasp the strategic opportunity of the new round of industrial changes. BeaverLake6 Report is pleased to present a report on the conference via our partnership with China Textile magazine. Please click here. Posted December 21, 2016
Domestic PFD Manufacturer's Application for FTZ Additional Production Authority Riles Textile Industry Trade Associations. There is a nasty fight taking place these past few months behind the closed doors of Room 48019 at the Herbert C. Hoover Building in Washington, D.C. The room is the office of the Foreign-Trade Zones Board. The fight pits domestic technical textile industry suppliers and a coalition of textile-trade associations against a fairly large domestic end-product cut-and-sew manufacturer. Click here to read the story.
I am pleased to announce BeaverLake6 Report has added a new column called "Jon Klein's Outlook." Jon Klein is the Business Development Leader at PrimaLoft® Aerogel insulation. With over 20 years in the industry, Mr. Klein has extensive experience in the textiles, apparel and footwear industry. Mr. Klein is a frequent contributor of short articles on LinkedIn, the world's largest business network, writing about the various market segments of the technical textiles. This column covers his LinkedIn postings. Please click here to go to his column.
Steve Warner, Publisher
June 27, 2016
Industry Market Report Available. What impact has the sale of decline of military products purchases have on government shelter fabricators? What is the outlook on textiles going into the automotive industry? What are three issues that can negatively impact the growth of the protective clothing market segment?
You can find the answers to all these questions in the 2016 State of the U.S. Technical Textiles Industry report published in Textile World magazine. Part One of the report is in the March/April issue and Part Two will be in the May/June issue.
Click here to go to the report on the Textile World website.
In 2015, I posted more than 425 items of interest for our industry on the BeaverLake6 Report website. In reviewing it all last week, it got me to thinking about putting together a list of influential events, news and trends that I observed during the past year. I have focused primarily on the US marketplace but each of “the things that mattered” to me has global implications.
So, here go my thoughts in no particular order of importance. Let me know if you agree or if I have missed some. Click here to read the list.
Posted January 17, 2016
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