China's proposal is still unacceptable to the US textile industry in terms of breadth of coverage and in length -- number of years covered.
More Quotes from Auggie Tantillo:
The US textile industry will file as many safeguard cases as it takes to halt these job-killing trade practices.Auggie Tantillo
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.
Auggie Tantillo
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.
Auggie Tantillo
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.
Auggie Tantillo
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.
Auggie Tantillo
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