Trade Protest Is Planned on Eve of a Chinese Leader’s Visit
As the White House prepares for a Washington visit by the man who is expected to run China for the coming decade, trade tensions between the United States and Beijing are on the rise.
On Tuesday, a coalition of big American labor unions, Democratic politicians and trade advocacy groups plans to start campaigning for the Obama administration to file a series of trade cases against China in the auto industry. They accuse Beijing of unfairly subsidizing Chinese auto parts makers and illegally restricting the exports of crucial raw materials that foreign parts makers need to stay competitive.
The group says a 900 percent increase in auto parts imports from China over the last decade, to nearly $12 billion a year, is to blame for job losses in Michigan, Ohio and Pennsylvania three swing states that the administration cannot easily ignore in a presidential election year.
The Chinese have cheated, said Senator Sherrod Brown, Democrat of Ohio, who is a Congressional leader of the trade effort along with Senator Debbie Stabenow, Democrat of Michigan.
full: http://www.nytimes.com/2012/01/31/business/global/trade-protest-planned-on-eve-of-chinese-leaders-visit.html?pagewanted=all
David__77
(23,367 posts)Double standards galore.
Johnson20
(315 posts)bring up our hypocrisy, David.
Citizen Worker
(1,785 posts)workers and create jobs? I'm waiting.