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Mongolian Duty-Free Cashmere Act Could Pose “Serious Concerns”

The National Council of Textile Organizations (NCTO) said it has “serious concerns” about the Mongolia Third Neighbor Trade Act, a tariff preference program that would provide duty-free access to imports of all types of cashmere products from Mongolia to the U.S. for five years. Among the issues the organization has with the proposed legislation is…

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