Blog: Leonie BarrieChina crisis

Leonie Barrie | 1 September 2005

Have US attempts to reach an agreement on how to reign in imports of low-cost Chinese textiles been clouded by the pileup of Chinese-made clothing at European borders? US-China talks failed to come to any conclusion yesterday amid signs that the Chinese are using the confusion enveloping the EU as evidence that import quotas don’t work. “Protectionism is a loss-loss deal for both sides in international trade while undermining the global effort to build a free and fair trade order,” the official China Daily newspaper said in its lead editorial. Beijing also argues that limits on Chinese goods would force US consumers to pay more for clothing.

The US has already imposed curbs or safeguards on a range of textile and clothing imports from China, capping growth at an annual rate of 7.5 per cent. But because the US made little secret of its intention to take safeguard action, it has managed to avoid the supply disruptions that have plagued Europe after quotas filled more quickly than expected. Despite being better prepared than their EU counterparts, US clothing buyers are still watching the commercial implications of the European stand-off with interest. Many have already diversified their sourcing to ensure pre-ordered goods aren’t held up by new safeguard limits. And Washington will be keen to negotiate a solution that doesn’t emulate that now being played out in Europe – and one that doesn’t lead to yet another cliffhanger when all restrictions are abolished at the end of 2008.


BLOG

Digital pieces of the fashion supply chain take shape

The digital pieces of the fashion supply chain puzzle are starting to come together, according to executives at the recent Texprocess apparel technology trade show in Frankfurt, Germany....

BLOG

Latest supply chain leaders?

Swedish fast-fashion retailer H&M, Zara brand owner Inditex, and sportswear giant Nike are not only among the world's leading brands, they also have some of the best supply chains too, according to a ...

BLOG

Finding a solution to the sustainability problem

The key message at this year's Copenhagen Fashion Summit was that the global apparel and textile industry needs to take a holistic view on how it tackles sustainability and responsible sourcing – with...

BLOG

Industry welcoming move to renegotiate NAFTA

The US textile industry has welcomed President Donald Trump's decision to renegotiate NAFTA, saying it is in America's national interest to modernise the trade agreement....

just-style homepage



Forgot your password?