Teaching China About Free Trade, One Blocked Bra at a Time
As Nick Gillespie noted Tuesday, European Trade Commissioner Peter Mandelson is desperately trying to renegotiate the EU's quotas on Chinese textile imports and free up 75 million tons of clothes waiting in European ports. Today, some Americans took a trip to Beijing for negotiations of their own. The result?
The US government announced restrictions on imports of two more Chinese garments today, hours after crunch talks in Beijing failed to reach a deal on textiles trade.
The Committee for the Implementation of Textile Agreements upheld US industry requests for safeguards on imports of Chinese-made brassieres and synthetic filament fabric.