Potential Impact of the Trans-Atlantic Trade and Investment Partnership (T-TIP) on Related Textile and Apparel Trade Flows

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2015-11-12
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Lu, Sheng
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International Textile and Apparel Association (ITAA) Annual Conference Proceedings
Iowa State University Conferences and Symposia

The first national meeting of textile and clothing professors took place in Madison, Wisconsin in June 1959. With a mission to advance excellence in education, scholarship and innovation, and their global applications, the International Textile and Apparel Association (ITAA) is a professional and educational association of scholars, educators, and students in the textile, apparel, and merchandising disciplines in higher education.

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The Trans-Atlantic Trade and Investment Partnership (T-TIP) is a high-standard free trade agreement currently under negotiation between the United States and the European Union (Akhtar & Jones, 2013). In 2013, as much as 36.9% and 59.9% of the world’s textile and apparel (T&A) exports went to T-TIP members respectively (WTO, 2014), suggesting implementation of the agreement may result in a significant change of existing T&A trade patterns around the world. To better understand the T&A-specific trade impact of T-TIP, this study intends to provide a quantitative analysis. While most existing studies have only evaluated the macroeconomic implications of T-TIP, findings of this study instead will augment our understanding of the textile-specific sectoral impact of the agreement and support related policymaking (Pelkmans, Lejour, Schrefler & Timini, 2014).

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