TITLE

A 'bumpy ride' before quotas go

AUTHOR(S)
Marks, Jennifer
PUB. DATE
December 2003
SOURCE
Home Textiles Today;12/15/2003, Vol. 25 Issue 15, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
With the last batch of quota restrictions set to disappear in less than 13 months, the U.S. suppliers probably expected to find themselves preparing to take advantage of or protect themselves from the trove of foreign products that will become available to the market on January 1, 2005. At the same time, overseas producers are fretting that next year's finite quota limits will fill up well before 2004 reaches its close. In all, the industry faces a bumpy ride to 2005. Ironically, the final year for quota will also be the one in which there may be insufficient quota available to meet the U.S. demands for high-volume home textiles products. The U.S. trade representatives must now consult with China to establish appropriate quota levels for the categories.
ACCESSION #
11727678

 

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