The ¿bra war¿

Essay from the year 2006 in the subject Politics - International Politics - Topic: European Union, grade: 1,0, Otto-von-Guericke-University Magdeburg, course: ¿Introduction to Diplomatic Theory and Practice, language: English, abstract: This essay is going to examine the recent troubles about immensely increasing textile exports from China into the European Union, which were also called the ¿bra war¿. After the liberalization in that area since the beginning of this year, the EU felt it needed to guard its textile industry from cheap Chinese imports and set up protectionist measures in summer, which meant that a huge amount of textiles stuck at the customs. A solution was only found in September. The questions which will be addressed in that essay are: What has led up to that situation? What is the legal and economic background? Which kind of trade policy is in the best interest for the European Union?