Lisbeth Kirk reports that a WTO textile quota expired at the beginning of the year, so goods shipped from China in response to the free trade option, and then the EU, responding to complaints, imposed fresh quotas on Chinese textiles in June. This has resulted in at least 33 million pieces of clothing being stuck at European and Asian harbors, and has left retailers unable to get their winter collections. EU consumers are being warned clothing prices might go up, and shelves may go empty as early as next month if matters don't get resolved somehow. So now the EU commission in charge of these things is trying to decide whether to ask permission from member states to move some of the 2006 quota forward...
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Surprised by Oxford by Carolyn Weber
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I read this memoir conversion story on my Kindle back in 2011 when it first
was published. I said then that I enjoyed the story, but it left me feeling
. ....
18 hours ago
3 comments:
You're ability to find eclectic and interesting articles remains unrivaled. I always enjoy a stroll through your blog, since it enriches my fund of knowledge far beyond the politics, law and parenting that currently predominate in my brain.
I hope you don't mind me mentioning it, and not to put too fine a point on it, this is a politics and law post, albeit not in the usual vein. ;-)
To those of us who live or die by retail, being blindsided by government zigging and zagging is a serious and not uncommon threat.
I agree that it is politics and law in that both of those forced a disastrous outcome on retailers. But it goes outside the usual blogging vein of Iraq and John Roberts. So, I guess that's what I really meant.
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