Message From House To Congress:Protect American Textile Products
The House approved a resolution urging a federal committee that oversees U.S. trade agreements to enact safeguards designed to protect American textile and apparel products from Chinese imports. There has been a surge in these imports since the World Trade Organization agreement allowed quotas on these products to expire Jan. 1, 2005. The resolution states that the temporary safeguards are needed because Chinese manufacturers are benefiting from artificially low prices due to "government subsidies, intellectual property piracy, tax rebates, and currency manipulation." The Bush administration last month announced it would begin monitoring textile imports more closely.