Williams considers sale – terminates ROKiT sponsorship!


Surround Sound: High Tech Meets the Beast Within Us


Spendor A7 loudspeaker


Audio Research LS5 preamplifier & BL2 input controller


Germany’s Scholz sees recovery fund as more than money


Cambridge Audio Edge A integrated amplifier


CH Precision M1.1 power amplifier


PS Audio UltraLink D/A processor


Wisconsinites Flood Open Bars After 'Safer At Home' Struck Down


Coronavirus : "chute vertigineuse" des remboursements en optique et dentaire

US restrictions come into effect

  • MEDIATORECONDOMINIALE
  • November 5, 2019
  • News
  • No Comments

Restrictions on Chinese exports of 21 types of garments and textiles into the US have this week taken effect.

After three months of discussions between the two countries the restrictions came into effect on 1 January. The transaction will allow a slow and controlled growth in China’s exports without any sudden surges that might damage importing countries or other exporting countries. Garment exports will be limited to a growth rate of 10 percent in 2006, 12.5 percent in 2007 and 15 percent in 2008. Textile growth rates have been restricted to 12.5 percent and 15 percent in 2008. The restrictions will last until 2008.

Since 2001, the US has lost almost 400,000 jobs in the textiles industry. It partly blames this on the increased level of competition from China.


Got Something To Say!

Your email address will not be published. Required fields are marked *

BACK TO TOP