U.S., China locked in trade disputes

[FreakinDJ]

U.S., China locked in trade disputes

BEIJING -- Trade disputes between Beijing and Washington over exports of tires, chickens, steel, nylon, autos, paper and salt are multiplying and further damaging the already tense relationship between the two economic powers.

The Obama administration says it only aims to protect the country's rights, but the Chinese counter that the United States started the whole thing by launching an unprovoked attack.

The current tensions began in September, when the United States imposed a staggering 35 percent import fee on tires from China.

Economically speaking, the tariff was minor; it only applied to a couple of billion dollars in annual imports, less than 1 percent of the total annual trade volume between the two countries. But it infuriated the Chinese, who felt it was a political concession to U.S. labor unions rather than a legitimate punishment for something they did wrong.

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/03/AR2010010301961_pf.html

The Chinese Government has been engaging in Import Quotas, (illegal by WTO rules) which cause product "Dumping" on top of the disproportionate Chinese 20% Tarrif compared to America's 2% on the goods China imports to the USA

[yourout]

1. IBFMF....

In Before Free Market Freaks.

"who felt it was a political concession to U.S. labor unions rather than a legitimate punishment for something they did wrong..."

The problem is they have been getting away with this shit for the last 15 years so now the think it's things are suppose to be.

[FreakinDJ]

3. 2 words - Neil Bush

Neil Bush was the way in for the Chinese Government to the Bush Whitehouse.

Neil Bush was "Wined and Dined" and even served up a few prostitutes each night as the Chinese Government secured his "Consulting Services" for $5 Million Dollars.

China's proposal - Take over of the World's Micro Chip market.

China planned to flood the world (dump) with cheap IC chips and after enough companies failed, pick up the pieces later. This was well documented by "Wired" magazine, and with approval of the Bush Whitehouse.

[onehandle]

2. Tax the Fuck out of Chinese imports.

It's time to recognize the real enemy.