Saturday, February 21

China Likely to Dominate Textile Trade By Evelyn Iritani.
The ITC report probably will fuel an election-year push by U.S. manufacturers for increased protection from China.
Economists say the elimination of quotas
probably will accelerate the loss of jobs from higher-cost U.S. clothing manufacturers, including some in Southern California. But it will lower prices for retailers and other importers, which can pass along those savings to consumers.
Consumers! One doesn't hear a lot about them!

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