September 30, 2005 – Trade representatives from the United States and China wrapped up another round of negotiations this week, but once again failed to reach a broad agreement that would limit the flood of textile imports from China.
The Bush administration’ chief textile negotiator, David Spooner, said the two sides made progress, but were still failing to see eye to eye on certain issues. The two sides will meet again next month.
The flood of imports from China has resulted in the loss of thousands of U.S. manufacturing jobs and a ballooning trade deficit with China.
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