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BobRossi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 08:51 AM
Original message
Like we should care what China wants.
"BEIJING (Reuters) – China is sending a vice minister of trade to Washington to lobby U.S. administration officials against imposing duties on Chinese-made tires, the Ministry of Commerce said on Monday.

The Obama administration has until September to decide whether to levy duties up to 55 percent, in the first of a growing list of trade issues with China.

Chinese vice commerce minister Zhong Shan will argue that slapping duties on Chinese exports would raise costs for U.S. auto manufacturers and consumers. He will meet with U.S. departments including State, Treasury, Commerce and the U.S. Trade Representative.

The duties, recommended by the U.S. International Trade Commission in late June, could reach up to 55 percent in the first year, 45 percent in the second year and 35 percent in the third year.

The petition to restrict tire imports came from the United Steelworkers union, which argues that the tire imports are destroying U.S. industry. The Steelworkers represent 15,000 workers employed at 13 plants in nine U.S. states that together account for nearly half of U.S. tire production.

Their petition says consumer tire imports from China increased 215 percent in volume and 295 percent by value from 2004 to 2008, causing U.S. manufacturers to cut jobs.

China says its tire exports to the U.S. were worth $2.2 billion in 2008."



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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 09:03 AM
Response to Original message
1. Of course we care,,,, they own us.
You didn't think that $1.2 trillion worth of our debt they bought was free did you.

This is just one of a thousand examples of why letting other countries own you is a bad idea.

Of course some people say "who cares about the national debt" or "it isn't as high as it was during WWII" or "we should never cut spending".

This is the reality. China has a $1.2 trillion sword over our heads and we will do whatever our master wants.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 09:30 AM
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2. We should "care" what everyone thinks. Bush was a great believer in "cowboy diplomacy"
meaning "who cares what anyone else thinks, we do what we want to do".

Obama seems to have a different approach to international diplomacy. Just listening opinions of others, doesn't make you weak unless you don't use your own judgment in making a final decision.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 09:59 AM
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3. Our economy is in the hands of China. They have enough of our debt to sink us. nm
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loudsue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 10:08 AM
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4. 99% of the REASON China owns us is because of THEIR unfair trade/monetary
policies. They have used their government dollars to compete with our companies, AND they have kept their currency artificially low to make our dollars fly over there. Yet OUR government isn't supposed to interfere on OUR behalf.

If we were on a level playing field IN ANY WAY with China, we wouldn't be in this mess. The corporate masters who wanted cheap labor and an escape from U.S. taxes found their manufacturing heaven in China. Those same corporate masters that got us in this mess by buying congress critters so they COULD make their brazillian dollars over there, have now brought our country to the brink of bankruptcy, and have put us all in an unsafe economic environment.

Freeptards are as ignorant to this whole cycle as they are to the faux news propaganda.

We need to bring corporations UNDER government control, and outlaw this lobbying that goes on.
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Gman2 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 10:42 AM
Response to Reply #4
5. All true, and we therefore can sink them.
They cannot put a stop to our standard MO. If they do, not only are OUR dollars worthless, so is all their investment in us. Scortched earth.
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