16 Quotes by Cass Johnson

It looks like this is a very good deal for the U.S. textile industry, ... Our objectives were tight limits on our sensitive categories and expanded product coverage. The U.S. government achieved both of those results.

The two sides remain far apart. Before now, an agreement was a definite possibility, but China showed no flexibility.

The Chinese threat is real. We will continue to file and re-file textile-safeguard petitions until China is willing to come to the table and negotiate.

I hope they'll be willing to do that. But knowing how far apart they are, I would not be surprised to see another round or two.

China also insisted that the U.S. forswear the right to invoke safeguard actions for any other products outside the agreement. That's a deal-killer right there.

I don't know if they can get enough done here

The developing world must insist that China's growth continues to be restrained.