This gap between their costs and ours enabled the Japanese to expand their exports to this country very rapidly. By leaps and bounds they captured larger and larger shares of our market for particular kinds of textiles and textile garments. such as velveteens. ginghams. damasks. blouses. sport shirts. and so forth. The import quota bill that I have Introduced. and those like it. would make it possible to put a quota on the particular textile product in question. such as velveteens or damasks. while leaving alone those that are not in trouble. It is a situation of the kind found In textile imports in the past several years that would make a product eligible for an import quota. The tariff by itself would do very little unless it were raised to a higher point than would be possible under the escape clause.
Keywords matched
quota bill