China Relents, and Promises Textile Tariffs
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The Commerce Ministry in China announced Sunday night that it would impose tariffs on some textile exports, a step that could avert a trade war with the United
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The Bush administration yesterday agreed to consider new quotas on five categories of Chinese-made clothing, a step toward protecting domestic manufacturers from cheaper imports.
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China is ready to reduce tariffs and drop barriers for foreign products to enter its market next year, China Radio International reported Tuesday.
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Beijing: China has assured its trading partners that it will not swamp the global textile markets after the abolition of quota restrictions from January 2005 and will take eight steps to ensure it.
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China will consider adopting measures to protect its interests and those of its trading partners once global textile quotas are scrapped at the end of this month, a government spokesman said on Friday.
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Conspicuous by their silence, US retailers and apparel makers are waiting on the sidelines while domestic textile companies take what may be their last stabs at preserving limits on imports of garments made in China.
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The once-favorable US tariffs that built a labor-friendly garment industry may now be its undoing.
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The Bush administration, sending another signal that it intends to limit imports of clothing from China next year, announced yesterday that it will consider a request by the US textile industry
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WASHINGTON - On the eve of a presidential debate on domestic issues with employment a crucial concern, American textile companies and workers have asked President George W. Bush to help save their jobs by limiting Chinese imports, which may surge once a
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The Jan. 1 abolition of trade quotas may not be as hard on textile and apparel makers in poor countries as many experts had thought.
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China said it will tax some textile exports and curtail investment in its domestic industry after the US and European Union threatened restrictions on an expected flood of Chinese clothing when quotas expire Jan. 1.
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EU officials press on with tariffs on Chinese and Vietnamese leather shoes despite member states' opposition.
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BEIJING: The end of 30 years of global garment quotas should be a huge long-term boon for Chinaâs low-cost producers. But in the short run, it may instead mean a trade war between Washington and Beijing.
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China says the EU's decision to apply a two-year tariff on shoe exports was flawed and warns it may respond in kind.
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US import limits on China-made trousers will violate WTO principles once effected, said textile producers and exporters that are greatly concerned.
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The Bush administration yesterday accepted a petition for new quotas on Chinese-made pants, one in a series of decisions that may lead to extensive protection for US textile and apparel
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US import limits on cotton trousers made in China would violate free trade principles, Chinese textile exporters told state media Monday.