Saturday, March 31, 2007

US versus China (economics)

U.S. sets new duties on China goods (Reuters)

A man walks past containers at a port in Shanghai December 13, 2006. The U.S. Commerce Department said on Friday it was slapping duties on imports of coated paper from China, reversing a decades-old policy of not applying duties to subsidized goods from non-market economies. (Aly Song/Reuters)Reuters - The U.S. Commerce Department said on Friday it was slapping anti-subsidy duties on imports of glossy paper from China, turning to a new weapon to oppose what it says are unfair Chinese trade practices.


***a prelude to a war?  Just like WW2 with Japan

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