February 9, 1989 |
The steel industry launched a formal campaign Wednesday to persuade Congress to renew steel import quotas, which are scheduled to expire later this year, despite opposition from steel users, who contend that the restraints have worsened shortages and pushed prices up. Amid a flurry of Capitol Hill press conferences, lawmakers from steel-producing states unveiled legislation that would extend the Bush Administration's authority to enforce the current program for another five years.
September 12, 1989 |
Agriculture Secretary Clayton K. Yeutter announced today a nine-month extension of the current sugar import quota year and an increase of about 860,000 tons in the amount of foreign sugar that can be imported. Import quotas are used to protect domestic producers from cheaper foreign sugar being dumped on the U.S. market. The original 1989 quota year began Jan. 1 and was to have ended Dec. 31. The extension lets the quota year run through Sept. 30, 1990.
October 6, 2005 |
The Bush administration announced that it had accepted petitions from the U.S. textile industry to launch investigations into whether quotas should be imposed on 21 categories of clothing and textile imports from China. The decision further escalates a trade battle between the two nations and is expected to bring more pressure to bear on China to settle the disputes by reaching a comprehensive agreement covering clothing and textile trade to escape further quota cases.
June 28, 1997 |
Is Limited Inc.--owner of Victoria's Secret, among other specialty apparel chains--secretly mislabeling Chinese-made garments to evade U.S. import quotas? That's the accusation made by a textile manufacturers' group in a lawsuit--which has wide implications for the future course of U.S. trade policy--filed recently in Los Angeles federal court.
December 12, 1985 |
Import quotas on Japanese cars will be eliminated next March, allowing for wide-open competition in the U.S. car market for the first time since 1981, Eji Toyoda, chairman of Toyota, Japan's largest auto maker, predicted here Wednesday. Toyoda said he expects the Japanese government to end its trade restrictions, which limit shipments of Japanese cars to the United States to 2.3 million units per year.
July 24, 1989 |
President Bush has decided to extend the steel import quotas and a formal announcement is expected as early as Tuesday, Administration officials said today. The American steel industry has urged an extension of the quotas, which were instituted in 1984 for five years and expire Sept. 30. Bush had a major decision-making meeting on the subject about a month ago after hearing all sides of the question. U.S.