China's proposal is still unacceptable to the US textile industry in terms of breadth of coverage and in length -- number of years covered. |
If China isn't moving, then the right thing to do is go home. |
It appears that it's over this week, and no agreement has been reached. |
It is long past time for US policymakers to recognize that China is a superpower in terms of international trade. |
Manipulated currency, non-performing loans made by Chinese state-run banks, intellectual property theft and other state-sponsored subsidies are the driving forces behind the job-destroying US trade deficit with China. |
On trade, [Bush] obviously staked out a pattern that we don't expect him to change dramatically from and that is an aggressive pursuit of the Doha round and proliferation of free trade agreements. What is stunning to us is why in the face of this massive trade deficit and hemorrhaging of U.S. manufacturing jobs there isn't some questioning of current U.S. trade policy. |
Our understanding is that there was absolutely no progress. A mutual agreement does not appear to be on the cards in the near future. |
The reason that the Chinese have dropped their prices so much is that they are engaged in predatory activity in an attempt to wipe out all other competition. |
The United States can no longer allow China to use predatory trade practices to destroy U.S. jobs and factories. |
The US textile industry will file as many safeguard cases as it takes to halt these job-killing trade practices. |
These filings show the Chinese that if you don't make progress, we are going to exercise our rights. We are going to moderate trade. |
This bilateral agreement represents a necessary and welcome step towards addressing China's unfair trade practices and highly disruptive levels of textile trade. |
We encourage the U.S. to move forward in implementing the cases with final decisions pending by close of business today (Wednesday). The proper use of the safeguard is necessary to offset China's unfair trade practices that have caused substantial job loss in the U.S. textile sector. |
We maintain our long-standing position that while the textile industry wants a comprehensive agreement, any agreement must be in the industry's best interest. No deal is better than a bad deal. |
You end up with a rather nasty debate. |