textile imports into the US leading to the increase of
protectionist pressures on behalf of other products and also
to increased protectionist pressures against textiles in
other countries.
Mr. Daniels was questioned about the US position and
possible developments. He spoke on familiar lines and said
that Mr. Nixon and his Administration, in his view, would
never initiate a restrictive quota policy on textiles.
But the pressures working for such protection of the US
industry were powerful. He felt that Mr. Stans was
basically a friend of liberal policies. But clearly he had
to argue the case given to him as convincingly as possible.
The main speakers from the Chinese side at the Board meeting
were Mr. Y.L. Yang (Vice President Chinese Manufacturers
Association), Sir S.N. Chau (Chairman, Hong Kong Trade
Development Council) and Mr. Francis Tien (Chairman, Hong
Kong Garment Manufacturers Association). The attitude of the
Board as evidenced by the questions and comments was robustly
opposed to making concessions to the Americans at least at this
stage.
hile
(§2S, WHITEHEAD)
May