Goodbye Monkey, Hello Rooster

Marks, Jennifer
December 2004
Home Textiles Today;12/20/2004, Vol. 26 Issue 16, p18
Trade Publication
The article reports that China has indicted that it will work to keep low-cost goods from swamping the international market. It informs that China has taken wrench into whole quota-free system. The China ministry of commerce had not placed any home textiles on its evolving list of product categories that will be subject to export tariffs. Nor had it specified the level of tariffs to be levied. For U.S. suppliers sourcing out of China, the worry now is whether the quota-free prices they set for 2005 orders will carry sufficient margin should tariffs be enacted.


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