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WASHINGTON -- The Bush administration, in a further escalation of trade tensions between the United States and China, announced Tuesday it had decided to impose quotas on three types of textile products in an effort to give the U.S. textile industry temporary breathing room from a flood of Chinese imports.
The decision will affect Chinese imports of knit fabric, dressing gowns and robes and bras.
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U.S. textile makers hailed the announcement as a major victory to protect their beleaguered industry while critics warned that the decision would hurt American consumers by raising prices.
Cass Johnson, interim president of the American Textile Manufacturers Institute, praised the administration for granting import relief for all three products categories the industry had asked to be covered.
This is likely to be much less damaging to the economy than the steel tariffs, but what a crock. Even if you're anti-trade, the hypocrisy of this administration and its supporters is astounding.