Multinationals fear US-China trade wars

[lovuian]

http://www.atimes.com/atimes/China_Business/IJ18Cb01.html
snip...
After high-profile Chinese product recalls in the US, Chinese inspectors have seized, returned or rejected a slate of US-made product shipments - from orange pulp and dried apricots with high levels of bacteria and preservatives, to powdered milk imports too toxic for children.

In the most recent case, a shipment of 47 tons of frozen sardines originating from the US was rejected. Chinese regulators said it was infected with disease-inducing bacteria.

'Playing with fire'
Last summer, Senators Hillary Clinton and Barack Obama agreed to co-sponsor legislation that would levy punitive duties on Chinese goods. The bipartisan bill introduced by senators Max Baucus, Chuck Grassley, Charles Schumer and Lindsey Graham, would permit US companies to seek anti-dumping duties on Chinese imports based on the undervaluation of the currency.

During the past few weeks, US Treasury Secretary Henry Paulson has repeatedly warned Congress against making legislation aimed at punishing China over its economic policies. "When we look at taking unilateral actions aimed at another nation, this can have enormous repercussions to our economic well-being," Paulson said. "You know, we're playing with fire."
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Playing with Fire??? China has sent poison over and over again to America killing our dogs and pets and endangering our children
Plus the HUGE ASTRONIMICAL trade deficit and taking our manufacturing jobs from textiles to furniture to IT and cars
its got to stop