China Accused of Trade Restrictions

[FreakinDJ]

China Accused of Trade Restrictions

By JACK HEALY
Published: June 23, 2009

The United States and European Union accused China of unfair trade practices on Tuesday, saying the Chinese government was restricting exports of raw materials to give manufacturers in that country a competitive advantage.

The United States trade representative, Ron Kirk, said China had imposed quotas, export duties and other costs on raw materials used in the production of steel, chemicals and aluminum. In effect, he said, China was putting its thumb on the scale and giving Chinese manufacturers an unfair edge.

“Trade has to be fair,” Mr. Kirk said in a news conference in Washington. “If you’re going to do business with the United States, you’re going to have to play by the rules.”

He said that restrictions on exports of bauxite, zinc, yellow phosphorus and other raw goods make it more expensive for manufacturers to produce finished goods and threatened thousands of jobs in industries already rocked by the global recession.

http://www.nytimes.com/2009/06/24/business/global/24trade.html

You Want Jobs

Tell your government to get off their collective ASS and quit sucking up to the MultiNational Corporations who are raking in huge profits outsourcing Every Damm Job in America

[Deja Q]

1. Yippee!

If everyone played by the rules, the world would be a better place.

[OhioChick]

2. China Accused of Trade Restrictions?

No shit.

[sarcasmo]

3. This is like the no shit Dick tracey story of the week.

[OhioChick]

4. Some of this "news" we knew years ago. n/t

[FreakinDJ]

5. Yes - But it needs to be said

Every day here on DU we have the Globalist saying we need yet more of these lop-sided trade deals to pull us out of the current economic recession

Added to that we have Nazi-Gas Bag Rush LimpBalls blaming the American Workers, or the Unions, or the taxes that are collected to make sure little old Grandmothers don't have to live in the streets

Its the Free Trade Globalist

[DainBramaged]

6. Gee, China not playing by the rules? Who would have thunk it?

[Odin2005]

7. Didn't you get the memo? Protectionism is only bad when WE do it!

The Globalist Corporatists have no problem with it when other countries do it, yet throw a hissy if if we dare do it.