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.
More Quotes from Cass Johnson:
By using its currency as an economic weapon and by pouring billions of dollars of illegal subsidies into its textile sector, the Chinese government has effectively declared war on U.S. textile producers.Cass Johnson
So now we will begin filing new safeguard petitions next week on additional categories,
Cass Johnson
I think the expectation is that they will not make much progress today and the US (team) will go home this afternoon.
Cass Johnson
Unless something is done about China in the Doha round, the developing world will lose tens of billions of dollars in exports.
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
There was no agreement. The two sides were too far apart on all the major issues.
Cass Johnson
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