Tuesday, April 5

Consumers will miss out

U.S. Opens Challenge to Chinese Textiles: Shipments Soar After Lapse of Quota System By Paul Blustein
The Bush administration took a giant step yesterday toward imposing new caps on imports of Chinese clothing, responding to complaints that China's export juggernaut is starting to dominate the worldwide apparel market since the system governing the global industry was changed on Jan. 1.

...the decision angered importers and retailers, who said consumers will miss out on the chance to get lower prices.
Bush: the anti-free trade president.

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