Obama urged the government to boycott the Asian giant unfair trade practices

Obama urged the government to boycott the Asian giant unfair trade practices
Chinese-made clothing and textile quotas about to end at the end, the United States, a national trade organization is Obama urged the government to take measures to resist the Asian giant unfair trade practices.

National Council of Textile Organization Committee (NCTO) said that in recent weeks, Chinese enterprises raise local clothing and shoe export tax rebate rate from the beginning of July, China has the clothing and textile export tax rebate rate from 11% to 17%. The last time the rate of increase is a tax rebate on November 20.

National Council of Textile Organization Committee (NCTO) of the results is that the Chinese clothing and textile exporters to obtain subsidies from 19,000,000,000 U.S. dollars to 29,000,000,000 U.S. dollars.

NCTO president Cass Johnson said in a statement, the abolition of quota in China prior to a substantial increase in the export tax rebate rate, the U.S. government and the U.S. Congress that China can not ignore the focus on the expansion of exports.

The Washington-based trade organization hopes that if the quota after the surge in Chinese imports, Obama has the Government itself for the implementation of China’s trade remedy measures.