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Topic: Business
Number of pages / Number of words: 3 / 807
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lost their jobs. Due to the enormous amount of Chinese textile exports, China is allowing countries to put safeguard quotas to defend themselves if they became overwhelmed by Chinese textile exports. The use of these safeguard quotas does not solve the problems these countries face caused by China. The U...


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The U.S. textile industry must reapply every year for the safeguards in every product area. This process creates doubts for the industry, U.S. importers, and Chinese exporters as to at what point will the quotas be applied and to which areas. The United States has the right to use safeguards until the end of 2008 but after that, the U...


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