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NCTO welcomes release of preliminary monitoring data
On Friday, April 1, the US Department of Commerce posted its first release
of preliminary textile and apparel import data under the Departments new
expedited monitoring system announced on March 21. As expected, the preliminary
data validates the industrys claim that China is an enormous threat to
the US market and must be constrained.
The release of preliminary data clearly demonstrates that the US market is being
disrupted as a result of imports from China. Some particularly sensitive product
categories such as cotton trousers and knit shirts saw increases of as much
as 1,566 per cent and 1,487 per cent respectively in the first quarter of 2005
compared to 2004. In light of these enormous increases, NCTO has called upon
the government to immediately self-initiate safeguard actions against China.
Absent such action, China will daily grow its share of the US market in textiles
and apparel and thousands of US jobs will be put into jeopardy.
Chinese customs figures released earlier this week also show that Chinas
prices are now down 31 per cent in major products since the beginning of the
year with some product categories, like underwear, seeing price drops of almost
50 per cent. In response to the release of the preliminary data, Mr Cass Johnson,
president of NCTO, said, The data clearly demonstrates that market disruption
is ongoing as a result of imports from China. NCTO is prepared to work with
our coalition partners to begin filing actual market disruption cases as soon
as possible if the government does not move quickly to self-initiate. Over half
a million US jobs are at stake and our workers desperately need their own government
to take action on their behalf and prevent these jobs from being sent to China.
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