Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

How Peter Mandelson was caught on the hop

Friday 26 August 2005 19:00 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

When Peter Mandelson was appointed European trade commissioner last August, he stressed his free-market credentials. Yet 12 months later, he is embroiled in one of the biggest rows over free trade to have engulfed the European Union.

As the clock ticked down to the end of agreement on 31 December 2004 that controlled the quantity of clothing British retailers could source cheaply from countries such as China, Mr Mandelson's alarm bells should have been ringing.

He seems to have been surprised, after the disastrous retail Christmas, that imports of good such as jumpers from China to the EU surged by more than 500 per cent and trousers by 400 per cent. By April, Mr Mandelson asked Beijing to curb the flood. He got the Chinese to set a strict limit on exports of 10 "sensitive" categories (those the dwindling European textile industry was churning out in quantity), including dresses, bras and T-shirts.

Yet this was imposed, his critics assert, without consulting the one sector needed to implement it: the retailers.

Retail experts say imposing strict import limits in the middle of the year, when retailers are placing their orders for Christmas is little short of commercial madness. And it takes six weeks to ship items from the country concerned: China.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in