At this round, China returned to its position of delay and no compromise by insisting on terms for a agreement that were impossible for the U. S. government to accept and that would have been extremely damaging to the U. S. industry and its workers.
More Quotes from Cass Johnson:
China also insisted that the U. S. forswear the right to invoke safeguard actions for any other products outside the agreement. That's a deal-killer right there.Cass Johnson
It looks like this is a very good deal for the U.S. textile industry, ... Our objectives were tight limits on our sensitive categories and expanded product coverage. The U.S. government achieved both of those results.
Cass Johnson
I hope they'll be willing to do that. But knowing how far apart they are, I would not be surprised to see another round or two.
Cass Johnson
The developing world must insist that China's growth continues to be restrained.
Cass Johnson
The two sides remain far apart. Before now, an agreement was a definite possibility, but China showed no flexibility.
Cass Johnson
The Chinese threat is real. We will continue to file and re-file textile-safeguard petitions until China is willing to come to the table and negotiate.
Cass Johnson
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