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Article: Import curbs cost consumers $23B, Andres charges. (William Andres)
- Article from:
- WWD
- Article date:
- March 11, 1985
CopyrightCOPYRIGHT 1985 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON (FNS) -- A top retail executive Friday charged that U.S. consumers last year paid a "hidden price tag" of more than $23 billion because of textile-apparel import restrictions, and he urged that the government's restraint program ultimately be scrapped.
William Andres, chairman of the excutive committee of Dayton Hudson Corp., claimed that textile-apparel quotas in 1984 cost consumers a "conservative" "4 billion, all of it going to foreign manufacturers and foreign governments.
And Andres said consumers had to shell out an ...