trade tarriffs with china?
What in god's name is this bit of anti-free market stupidity? Is it now finally plainly obvious to the even the most thick-headed that Republicans have no particular talent for managing the economy. Hank Paulson should resign over this.
WASHINGTON, March 30 — The Bush administration, in a major escalation of trade pressure on China, said Friday that it would reverse more than 20 years of American policy and impose potentially steep tariffs on Chinese manufactured goods on the ground that China is illegally subsidizing some of its exports.
March 30th, 2007 10:25pm
nor do the Democrats distinguish themselves over this issue...... vote Ron Paul
"Democrats in Congress hailed the announcement by Mr. Gutierrez but said they would continue their efforts to force a tougher policy on China through various pieces of legislation. Many Democrats won their elections last fall in part by advocating a tougher policy on trade with China and other countries where labor and material costs are much lower than those in the United States."
March 30th, 2007 10:27pm
Walmart's lobbyists must be on spring break. Oops.
March 30th, 2007 10:49pm
Look, someone needs to supply Iran with missiles now that N Korea has been given something shiny to play with for a couple years.
March 30th, 2007 10:58pm
It's ok. The tariffs can be removed when the renminmbi revalues. :)
Je ne comprend pas
March 30th, 2007 11:47pm
China does subisidize its exports, particularly with free infrastructure, but then so does and did the US.
The question is whether the tarriffs can survive WTO scrutiny.
March 31st, 2007 3:15pm