Posted on 05/22/2007 1:03:33 PM PDT by Flavius
WASHINGTON (AP) -- The United States and China opened a new round of high-level economic talks on Tuesday with the leader of China's delegation bluntly saying that any effort to politicize economic differences between the two nations was not acceptable.
he Bush administration was pushing for concrete results to show to an increasingly restive Congress, where lawmakers blame America's soaring trade deficits and the loss of one in six manufacturing jobs since 2000 in part on China's trade practices in such areas as currency manipulation and copyright piracy.
(Excerpt) Read more at biz.yahoo.com ...
Dear China,
The next sound you hear will be complete silence as we all stop buying crap with a MADE IN CHINA label.
Is this why US granted China “most favored nation” rating under the clintoonian regime?
“bluntly saying that any effort to politicize economic differences between the two nations was not acceptable...”
The title seems more sensational than what they actually said, apparently.
They own so much American debt that for now at least, when they say jump we ask how high.
I've already started. It's harder than it sounds. That junk is literally everywhere you look.
fun times aren’t they
definitely hilarious. in fact I’m ROTL. NOT! But thanks for asking. :)
One of the largest US oilfield equipment suppliers has purchased or partnered with a Chinese manufacturing company to build their equipment in China rather than the US.
Or what? You won't sell us hundreds of billions of dollars worth of cheap crap and polluted food anymore?
“The next sound you hear will be complete silence as we all stop buying crap with a MADE IN CHINA label.”
Only 53% of Americans vote. What makes you think the rest are even concerned with the fact that we have LOST the ability to determine our own destiny?
I stopped buying anything Chinese a while ago. If I need clothes or something else, exchange or thrift or consignment...not new.
There is a lot you can do without, or wait for, I am finding.
Mrs VS
Speaking of China and most favored nation status. Some were fighting against it and still are.
Congressman. Duncan Hunter (R-Calif.) introduced a bill Wednesday to revoke China’s most-favored-nation trade status, granted only last year. “A favored trading partner with our country would follow proper protocol and not continue to hold our servicemen and women, along with our equipment, after being asked for their return,” said Hunter. “The fact is, while we trade with China, they prepare for war.”
http://www.wsws.org/articles/2001/apr2001/chin-a07.shtml
Following is the statement of Rep. Duncan Hunter (R-CA):
“Evidence of a transfer of ballistic missile technology to China during President Clinton’s Administration, by one of the President’s major campaign contributors, itself justifies inquiry into possible grounds for impeachment of the President.
“The potential findings of perjury and obstruction of justice also mandate that we follow the Constitution and proceed with a further investigation by the House of Representatives.”
http://www.house.gov/hunter/news_prior_2006/impch-inq.htm
HUNTER STATEMENT STATEMENT IN OPPOSITION TO “FAST TRACK” TRADE AUTHORITY (H.R. 2621)
Fast track authority would allow the Administration to negotiate international trade agreements — without the consultation of the House or Senate — and only permit a vote of approval or disapproval by the Congress once the pact is concluded. The bill was defeated today by a vote of 180-243.
Following is Rep. Hunter’s statements given on the House floor during the debate:
One of the first rules in business is one does not give financial power to bad businessmen. The negotiators on the Clinton trade team are bad businessmen. That is, they have a bad record.
NAFTA took us from a $3 billion surplus in trade with Mexico to an annual $15 billion loss.
The Clinton trade negotiators have given us a $40 billion annual trade loss with China.
The trade agreement with Japan under the Clinton administration has broken down. The Clinton team consists of trade losers. We should not give power to trade losers.
I have a graph here that shows the G7, that is the big nations of the world, the big western democracies and their net exports to Mexico before and after NAFTA. That includes the United States.
We call this chart `Find the dummies,’ because it is apparent that, after NAFTA, every one of the big nations, Canada, France, Germany, Italy, UK and Japan, all continue to do well with Mexico with respect to trade, except the United States. The United States immediately fell into an enduring $15 billion trade deficit.
We do not need to give new trade negotiating powers to President Clinton.
Not this President, not this time.
http://www.house.gov/hunter/news_prior_2006/fast-track.htm
“COSCO has a very long and troubling record of shipping both weapons and components of mass destruction around the world,” said Rep. Hunter. “For all practical purposes, COSCO is the merchant marine of the Chinese military. As a result, they carry the cargo of the Chinese military upon command and without question. We do not need to increase their access to American soil.”
The Congressman credited Senator Jim Inhofe (R-OK) with managing the provision in the Senate. Inhofe persuaded Senators on the conference committee to recede to the House language.
http://www.house.gov/hunter/news_prior_2006/cosco99.htm
I appreciate what America is trying to do in the middle east, but China is a problem growing in the background — a monumental problem. And our country’s politicians are not equipped to deal with it.
Pray for China.
Dear China,
We regret to inform you that all imports from your country will now carry an added CommieTyrantTax.
If you behave yourselves, we’ll lift the tax and the Wal-Marts can re-open.
Otherwise, have fun selling all your shoddy merchandise to France.
Signed,
The American People
Got a link to a Made in USA list?
Communist China only takes, it never gives an inch. That has been the case ever since Mao Tse Tung came into power.
Doing business with a totalitarian state with that kind of attitude is not exactly “free trade.”
The Chinese have been playing currency manipulation games for years by pinning it to the Dollar at a ridiculous low rate. They have been avoiding copyright and patent infringements and only on occasion do anything. When they do they ensure it gets massive press coverage. However, if you go throughout large parts of Asia, to include the Middle East, you’ll see that most of our movies, music, trade marked counterfeit items with the Harley or Levi logo are flooding the markets, and most comes from China.
The typical counter accusation is nice. It doesn’t hold up. We should have acted on China a long time ago, but like the boarder and illegal immigration, some stand to gain from the status quo either politically or economically, even though the rest of the country pays the price.
I hope Duncan Hunter understands that, when he buys a bottle of Heineken, it is not a "loss." Nor is a 150-200% rise in goods exports to Mexico since NAFTA was signed something to brush-off with some blather about "losses."
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