Word: tariff
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Dates: during 2010-2019
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Clinton said foreign investors, specifically from South Korea and Brazil, have already shown interest in establishing garment factories in Haiti if there are changes made to the HOPE (Hemispheric Opportunity through Partnership Encouragement) Act, which allows Haiti to export textiles tariff-free to the U.S. "I think it will create more than 100,000 jobs in Haiti in short order," said Clinton...
...fish that amounted to roughly 6% of their cost, he says. As a result, China only made up slightly less than 10% of Qian Hu's $67 million in 2009 revenue, a share that Yap aims to triple over the next five to 10 years now that the tariff is gone...