This does not solve the problem; it only pushes the danger from China further off.
According to our information over the life of the agreement, China will receive only a minimal increase -- 3.8 percent -- in market access in the 14 largest and most sensitive textile apparel categories as compared to the use of the safeguard.
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.
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.