It sends the message that this is not a dying industry.
More Quotes from 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 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
The two sides remain far apart. Before now, an agreement was a definite possibility, but China showed no flexibility.
Cass Johnson
We are disappointed that the Chinese government is not yet willing to negotiate seriously to resolve the dispute over textiles.
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
According to our information over the life of the agreement, China will receive only a minimal increase -- 3.8 percent -- in market access in the 14 largest and most sensitive textile apparel categories as compared to the use of the safeguard.
Cass Johnson
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