China blasts U.S. over trade protectionism

Globe and Mail ^ | 23/03/06 | BARRIE MCKENNA

[Toddsterpatriot]

Higher productivity is of course good, but when we run a $200 billion trade deficit with China that shifts jobs to China from America.

Glad you like productivity growth. How many jobs get shifted for each billion of trade deficit.

They have to start buying more stuff from us (and paying for it...lol.)

Sounds good to me.

[ghitma]

Try 17%.

[carl in alaska]

Interesting...hmmmm. Where can I find that news?

[Willie Green]

I'm borrowing this from Willie who posted this today.

Here's the link: China to surpass U.S.

[jec41]

Jec, you may have missed the VAT (tax) that EU (Briton and China have in you calc. the gov site lists ave tariffs for china at over 20% if I remember correctly

Thats on necessary items for one but not the other.

Ps I was with 101st which we then called the puking chickens 69-71 LOL.

64-68 You must have been a leg or were you airborne?

[carl in alaska]

Tony Blair also made a fairly hawkish speech last night (posted at FR.) That's probably a secondary factor.

[jec41]

Futures contracts. It will reach 70 a barrel this year and decline some. Right now we have the largest reserves in years and they are building them higher. Something coming down the pike in the future or is expected.

[ConsentofGoverned]

Leg, MP ,2 tours Hue AO. You most likely in Saigon AO with those dates..got down there a few times to LBJ (long bin jail) and on river patrol boats on Saigon river..long ago and under two President's who could not get the guts up to do what was right.

[hedgetrimmer]

http://www.whitehouse.gov/omb/budget/fy2006/pdf/hist.pdf

[The Lion Roars]

yes, yes let us make more trade concessions. after all our money will be staring back at us in the form of - chinese nukes. /sarc

[dljordan]

"They do business only in the US?"

What we do is provide credit approval for other large credit card companies and I actually work under contract from another large computer company. I'm sure they do provide service overseas. I'm actually pro-free-trade if it's really free trade and not a scam on the American people to benefit multi-national corporations, politicians and bureaucrats. My allegiance is to my country not to my government or the corporation I work for. I would not put my fellow countrymen out of work to fatten my wallet. I'm not saying you do or would, this is just how I feel.

[ConsentofGoverned]

"My allegiance is to my country not to my government or the corporation I work for. I would not put my fellow countrymen out of work to fatten my wallet. I'm not saying you do or would, this is just how I feel."
>>>>>>>>>>>>>>>................
well said, too many have misplaced the free market as an end above even loyalty to our Country and forgot our fellow citizens...

[jec41]

Bien Hoa 1967 I don't remember a lot. About 10 yrs are a blur. I got hurt, not in combat but on a jump. My son will be home from Iraq in 41 days. His third combat action. His service is much greater than mine.

[jec41]

I can remember when it was strange to do business out of the county much less the state. What you could buy in the stores was usually protected goods. If not protected it cost you double. People will get use to it.

[hedgetrimmer]

That includes the right to free trade

There is no right to "free trade" in the Constitution. There is, however the authority to levy tariffs.

[mr_hammer]

"There is no right to "free trade" in the Constitution. There is, however the authority to levy tariffs."

However their is a claus to protect us from invasion, which by the way is being flagrantly violated by the "Free Trade" crowd also.

[jec41]

There is no right to "free trade" in the Constitution. There is, however the authority to levy tariffs.

Yep its old as the Greeks. It was a big issue in the American Revolution and the Civil War. Too bad the Indians didn't have a Constitution with tariffs or they could have barred Columbus from America. However shortly after Spain administered tariffs for American ports owned by Spain including docking fees. You might also consider the 3/5 compromise.

[CowboyJay]

"We win both selling and buying."

Free-traitor lie #999.

It is exceedingly difficult for a US interest to open a market in China due to red-tape and belligerence on the part of their government. Once they do, its' just a matter of time before China reverse engineers, and cuts into that company's global market-share. Our current trade relations with China amount to economic suicide. It also funds a fairly nasty socialist government and gives them increased influence over our affairs.

[ConsentofGoverned]

yep, Bien hoa airbase, landed there sept 69 1st two weeks in country. Thanks for both yours and your son's service..I wish him a safe return.

[hedgetrimmer]

Too bad the Indians didn't have a Constitution or they could have barred Columbus from America.

I am not sure how that would work. What is it you are trying to say?