U.S. Launches Trade Complaints Against China
- This topic has 4 replies, 2 voices, and was last updated 13 years, 2 months ago by
Anonymous.
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October 6, 2012 at 5:03 pm #26971
Anonymous
GuestThey can practice unfair trade with US now, but when American economy cannot tolerate it anymore, Chinese will change their position rather quickly.
October 7, 2012 at 1:23 pm #26972Anonymous
GuestUnfair in any subject is a matternof perspective, to offer an opinion based on the trade agreements between the two countries and crafted for western consumption, would be insuficient data or evidence to make an informed judgement, in reference to existing/ongoing-US/China trade relations, supply and demand should be the driving economic force for a trade agreement to be feasible and not exclusive to elected oficials and policy makers. Equitable trade should be what trading partners are willing to agree upon. To the American consumer, "made in China offers the opportunity to buy items at a lower price. To be sure the small print nested in trade agreements is priviliged information and rarely made public. Sources of conflict arise soon after the ink dries and the harsh reality of delivering on the agreement falls short creating friction.
edited by zrichardson on 10/7/2012October 8, 2012 at 1:30 pm #26973Anonymous
GuestI think that, for as long as China continues to manufacture cheap items and the US continues to be a huge consumer, we will not see changes in the policies that are now in place.
October 13, 2012 at 12:32 am #4626Rob_Hugo@PortNW
KeymasterI don’t know if it is because it is an election year, but the Obama administration accuses China of ignoring trade rules and underestimating the value of its currency to helps its exporters. This of course undermines the whole idea of fair competition and hurts American manufacturers and costs U.S. jobs. One possible reaction might be to impose tariffs on Chinese goods, but that could set off a trade war and drive up prices paid by American consumers. Currently, the U.S. is seeking international rulings against Chinese subsidies for its auto and auto-parts exports and against Chinese duties on U.S. autos. Many U.S. companies outsource production to China. One study estimated that between 2001 and 2010, 2.8 million U.S. jobs were lost or displaced to China. Yet cheap Chinese goods have benefited American shoppers and help restrain inflation. We want our trade deficit with China to improve, but we are also addicted to cheap Chinese goods, so this remains the central issue and its future resolution will determine the course of two economic powers. Here is to link to one of many news articles related to the topic.
October 13, 2012 at 12:32 am #26974Anonymous
GuestI'd like to read and understand more about the issue so that my decision is based upon an educated understanding and not a gut reaction. My instinct tells me to vote yes; however, I'd like to know a little more about the past as well as the present in order to help me better understand what might happen in the future.
edited by nfreeman on 10/13/2012 -
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