Us Desire To Introduce New Trade Protection Measures For Textiles
The textile quota agreement between China and the United States will expire at the end of this year. The latest news from the Ministry of Commerce said that the textile industry in the United States has been working hard to explore new strategies to launch new trade protection measures. At present, major textile groups in the United States have put forward various plans, including countervailing investigations, anti-dumping investigations, self initiated anti-dumping measures by the government based on monitoring plans, and safeguard measures for specific products (Clause 421).
Before the abolition of textile quota in March, 4 kinds of textiles increased by more than 100% in the first half of this year. To this end, experts have warned that the United States has been closely observing the effect of bilateral monitoring after China and Europe. In order to avoid the aggravation of trade frictions, enterprises must rationally control the export rhythm, especially in the second half of this year.
The second half is the key point of textile and clothing export.
According to the agreement between China and the United States, at present, 21 categories of textile products exported to the United States are subject to quota restrictions, with a limited period of three years, beginning in January 1, 2006 and ending in December 31st this year. Cao Xinyu, vice president of the China Textiles Import and Export Chamber of Commerce, said that the current government is leading the consultative work in this area, and there is no official cancellation of quota information.
According to the insiders, the outcome of the US election will, to a certain extent, dominate the trend of the future textile trade policy. Once the Democratic presidential candidate comes to power, the textile industry will again become a victim of the US government's harsh stance on China's trade policy. If the Republican candidate wins, the US textile industry's extensive restrictions will likely face more difficulties.
In addition to quotas, many people in the industry are worried about other means of trade protection. Ye Shuangpeng, Guangdong province silk International Group clothing limited liability company, said that the EU's health and environmental protection standards are getting higher and higher. Anti dumping and other "killer mace" are also frequently used, and the lethality is also great.
Ma Xinzheng, deputy editor in chief of the first textile network, said that after the bilateral monitoring system was established between China and the EU, the effect of the implementation of the system would be a reference for the smooth cancellation of textile export restrictions between China and the United States. Once China's textile and clothing exports show irrational growth, the United States is bound to reconsider the question of restrictions on China's textile imports. In December 31, 2008, the lifting of the ban on the 21 categories of textiles from China to the United States would also become uncertain. Ma Xinzheng believes that the second half of 2008 will become a key node to verify whether China's textile and apparel exports are "smooth sailing" in Europe and America.
- Related reading
- Glimpse of exhibition | Shanghai International Fashion Accessories Exhibition
- Dress culture | The 70 Year Anniversary Of The Birth Of New China
- Daily headlines | Erdos Market Supervision And Administration Bureau: 7 Batches Of Cashmere Products Failed
- Fashion brand | Legendary Designer Wakubo Rei'S Fashion Empire Appeared In Fashion Week.
- Fashion shoes | All Star 100 Ox Shoes New Snake Color Matching Is Coming Soon.
- Shoe Express | From Denmark To The Global Brand, To Create The Largest Vertical Integration Shoe Business.
- Mall Express | The Era Of Data: Yintai Takes 10 Million Digital Members, Which Is The New Retail Speed.
- Market trend | Traditional Enterprises Are Not As Old As Net Red.
- Regional investment promotion | Late Arrival: The Transformation Of Clothing Wholesale Market "Red Net" City To Fill The Vacancy In The Clothing Market.
- News Republic | The Rise Of Chinese Brands: "Fashion Week" Has Ushered In 55 Chinese Apparel Brands.
- Analysis And Prospect Of Sino US Textile Trade In 2008
- Reporter Experience: Clothing Sales Tricky
- The Clothing Industry Will Pfer Capital To Large Enterprises.
- Egypt Alcotexa Sells 1124 Tons Of Cotton A Week.
- Diary Of Studying Abroad: My Tortuous Experience Of Modeling In The US
- CHANEL Chanel: The Vane Of Noble Fashion
- Vintage Printed Satin Long Gown Goes Into Fashion.
- Show Luo Created A Tide Brand Business And Pformed Into A Multinational Company In One Year.
- "Change" Into A Clothing Trademark, Causing Industry Concern.
- Three Top 100 List Of China'S Garment Industry Has Been Announced In Shengzhou.