Foreign trade official Lu Jianhua says trade hit due to US textile restrictions
01 Aug '05
10 min read
On May 23 and 27, the US government applied restrictions on 7 categories of Chinese textile products, namely, cotton trousers, cotton shirts and blouses, knitted, underwear, trousers of man-made fibres, shirts of man-made fibres, knitted, men's and boys' woven shirts, and combed cotton yarn.
According to statistics from the US Customs, in the first 4 months, the US imported the above 7 categories of products worth US$1.42 billion, of which men's and boys' woven shirts had the biggest market share of 15.9%, while combed cotton yarn had the smallest (3.2%). Meanwhile, the US government is making investigations for restrictive measures on other 6 categories, namely, yarn of other synthetic staple fibres mixed with cotton, pullovers, trousers of wool, knitted fabrics, brassieres and dressing gowns.
According to the US Customs, from January to April, US imports of the above 6 categories registered at US$330 million, of which brassieres enjoyed the biggest market share of 43.2%, and knitted fabrics the smallest, 8.4%. On July 18 and 22, the US government declared the suspension of the decision on restrictions on 2 of the 6 categories, yarn of other synthetic staple fibres mixed with cotton and trousers of wool. As for the remaining 4 categories under investigation, the US government will make a decision on whether or not to apply restrictive measures at the beginning of August on the basis of the US implementing procedures of Paragraph 242.
In addition, the US industry recently filed petitions to its government for restrictive measures on 6 Chinese textile exports, namely curtain, women's and girls' woven shirts and blouses, dresses, nightdresses, swimwear and hosiery. At present the US government has accepted the application on curtain and will decide on whether to accept other applications on July 29 and August 1.
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