China to the USA - Drop Dead
http://news.bbc.co.uk/2/hi/business/8617189.stm
The Chinese will not stop their protectionist ways. They will continue to manipulate their currency and will have no part of Obama pretending to care. Protectionism is their secret to sucess.
"the Chinese commerce ministry has introduced a duty of up to 64.8% on imports of US electrical steel"
Fine, The US should retaliate and place a 64% tariffs on all imports from China. Across the board. We will show them who is boss.
In three months I want to walk into Walmart and see shelf after shelf filled with dust covered products unable to move. That would be a sign of progress.
But we all know Obama is a spineless wonder. He will never upset his bosses in Corporate America, or his banker in China. So we will see a nice show. There will be some yelling. There will be some threatening. In the end the status quo will prevail as it always does.
In November the Democrats will get steam rolled and the Republicans will return to do more of the same.
The Chinese will not stop their protectionist ways. They will continue to manipulate their currency and will have no part of Obama pretending to care. Protectionism is their secret to sucess.
"the Chinese commerce ministry has introduced a duty of up to 64.8% on imports of US electrical steel"
Fine, The US should retaliate and place a 64% tariffs on all imports from China. Across the board. We will show them who is boss.
In three months I want to walk into Walmart and see shelf after shelf filled with dust covered products unable to move. That would be a sign of progress.
But we all know Obama is a spineless wonder. He will never upset his bosses in Corporate America, or his banker in China. So we will see a nice show. There will be some yelling. There will be some threatening. In the end the status quo will prevail as it always does.
In November the Democrats will get steam rolled and the Republicans will return to do more of the same.
posted by res17 at
April 13, 2010
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