The United States and China announced a comprehensive agreement to limit US imports of Chinese textile and apparel products in all or parts of thirty-four (34) sensitive categories through the end of 2008.
'US textile and apparel manufacturing workers and their communities are big winners. This bilateral agreement represents a necessary and welcome step towards addressing China's unfair trade practices and highly disruptive levels of textile trade,' said American Manufacturing Trade Action Coalition (AMTAC) Executive Director Auggie Tantillo.
'Today's agreement vindicates the US textile industry's decision in 2003 to aggressively use the safeguard process to persuade all parties of the need for a comprehensive arrangement,' National Textile Association (NTA) President Karl Spilhaus stated.
'The value of this agreement is clear. US imports from China in the categories covered by this deal total more than $5 billion in 2005 alone,' Tantillo continued.
'They thank Ambassador Robert Portman, Commerce Secretary Carlos Gutierrez, Chief Textile Negotiator David Spooner, Deputy Assistant Secretary for Textiles, Apparel and Consumer Goods Jim Leonard, and the Committee for the Implementation of Textile Agreements (CITA) for their hard work to make this deal a reality,' Tantillo and Spilhaus added.
'They also are deeply appreciative of the strong support demonstrated by the Textile Caucus members in the US House and US Senate. Without the dogged determination of those public servants, this deal would not have been possible,' Tantillo and Spilhaus concluded.
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'The American Manufacturing Trade Action Coalition's (AMTAC) mission is to preserve and create American manufacturing jobs through the establishment of trade policy and other measures necessary for the U.S. manufacturing sector to stabilize and grow.'
American Manufacturing Trade Action Coalition
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