Bush Admin imposes safeguards against Chinese textiles (China)

Commerce Dept ^

[maui_hawaii]

EVANS ANNOUNCES RESULT OF CHINA TEXTILE SAFEGUARD DECISION

“This decision demonstrates the Bush Administration’s commitment to our trade rules and America’s workers. I believe this will advance our future dealings with China, for no market operates fairly without open dialogue.

“The availability of this safeguard mechanism is an important tool for facilitating China's transition into the WTO. We look forward to beginning our consultations with the PRC, with the goal of achieving a mutually beneficial result on this issue.”

Summary

-- Yesterday, the Committee for the Implementation of Textile Agreements (CITA) voted to invoke safeguard relief on three textile products (knit fabric, dressing gowns and robes, and bras) imported to the U.S. from China following petitions filed by the U.S. textile industry.

-- The petitions were filed by the industry under a special provision of China’s WTO accession agreement that allows the U.S. (and other WTO members) to impose temporary quotas on textile imports from China in the event those imports are found to cause “market disruption.”

-- CITA is chaired by the US Commerce Department and includes, State, Treasury, Labor and USTR. Once the China textile safeguard is invoked, the U.S. is required to pursue a negotiated resolution of the matter with the Chinese government.

-- For more information, please visit http://otexa.ita.doc.gov/Safeguard_intro.htm.

[maui_hawaii]

ping

[Carolina]

NC Ping!

[JohnnyZ]

Must've been 'cause Erskine called for it. /sarc

[Constitution Day]

Hey there!
I owe you an FRmail... I've been away from FR a lot more than usual lately.

(and yes, I will hit the NC list)

[Constitution Day]

NC ping!
Please FRmail me if you want to be added to or removed from this North Carolina ping list.

[Carolina]

Hey to you, too. It's good to be back in the South. Fell in love with Scotland and the Scots' way of talkin'.

[RiflemanSharpe]

ping

[Constitution Day]

Fell in love with Scotland and the Scots' way of talkin'.

I bet you did!
I thought about y'all & your trip the other night.

Someone gave me a belated birthday present... a bottle of Lagavulin.

Ahhh.

[RiflemanSharpe]

ping

[CJ Wolf]

So what does this all mean?

[Carolina]

...a bottle of Lagavulin

whiskey, or uisge beatha...Gaelic for "water of life."

[azhenfud]

"So what does this all mean?"

A tightening on Chinese bras and panties?

[hispanarepublicana]

Wow....what's Walmart gonna do now?

[warchild9]

The legal agreement signed last year between the U.S. and the Communists was that arbritration would be called for between the two countries if China agreed there "was a problem." (The Mrs. attended briefings on this from the Commerce Department.)
My interpretation of this is that there are a bunch of Congressmen who are having problems raising re-election money, and solving their problem would solve this problem to China's satisfaction.

[flying Elvis]

Panties won't be coming down anytime soon and bras will stay high. ;)

[jmc813]

Doom.

[warchild9]

Is scotch better straight or with a little native water? I'm just experimenting with it now, after long years almost exclusively spent in the happy company of good wine.

[Carolina]

Well, the Scots told us that a little water releases the taste. I drank it straight at the distillery. Great stuff.

[Paul Ross]

'Knitted fabric' sounds like the Quota cuts a big Swath.... ;-)