USTR - Statement by USTR Special Textile Negotiator David Spooner Regarding Quotas on Chinese Socks
Office of the United States Trade Representative

 

Statement by USTR Special Textile Negotiator David Spooner Regarding Quotas on Chinese Socks
11/02/2005
 

"Last night, the Office of the United States Trade Representative and People's Republic of China Ministry of Commerce signed an agreement on Chinese sock imports. The agreement puts in place a new quota of slightly more than 10 million dozen pairs on imports of Chinese cotton, wool and man-made fiber socks.

"By re-imposing quotas on sock imports from China, the Administration is maintaining the status quo for our domestic sock manufacturers. It would simply be unfair to our sock producers if -- in the midst of those negotiations -- we permitted a safeguard to lapse.

"The agreement permits the Administration to delay action until the end of December on a sock industry request to renew a year-long sock safeguard quota that expired last week while the Administration works to conclude a broad textile agreement with China that would govern imports from 2006 -- 2008. Had the Administration invoked the sock safeguard last night, imports of socks from China for the next 12 months would have been limited to slightly more than 61 million dozen pairs."

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