The US and China have agreed to a tentative, three-year textile accord which would allow imports of Chinese-made pants, knit shirts, bras and other items to increase 10% in 2006 and about 16% by 2008, according to media reports. But because the increases are based on this year's regulated export levels, effective shipments under the three-year deal are expected to increase a total of only 3.16% above what would have been allowed under the earlier US-imposed 7.5% annual cap, the Wall Street Journal reported. The US is likely to sign the agreement in Geneva as early as November 8.
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