What were the Chinese exporting!-Flip Flops?
Posted on 02/05/2010 12:52:46 AM PST by Cheap_Hessian
BEIJING, Feb 5 (Reuters) - China will levy heavy anti-dumping duties on U.S. chicken products, its Commerce Ministry said on Friday, a move likely to aggravate trade relations and antagonise one of the few U.S. industries that profitably exports to China.
The ministry's initial investigation showed that U.S. companies had dumped chicken products into the Chinese market, according to the ministry's website (www.mofcom.gov.cn).
The tariffs were announced a day after China requested a World Trade Organisation ruling on European Union duties on shoes made in China. That was the most recent of many cases demonstrating China's embrace of the WTO to keep markets open to the exports on which it depends.
The United States and China are engaged in a series of trade disputes, particularly over the value of the Chinese currency, with President Barack Obama this week vowing to get tough in dealing with complaints that U.S. exports are at a disadvantage.
Chicken wings and feet, virtually worthless in the U.S. market, are a delicacy in southern China. Many U.S. poultry producers count on the Chinese market to round out their profits.
"Chicken feet and wings are not wanted in the U.S. so they sell them to China, they dump them below cost," said Wang Xiulin, president of the Chinese Poultry Association.
(Excerpt) Read more at uk.reuters.com ...
That’s rich coming from China...
Only Bummer could spoil a situation as nice as this. “And so betwixt them both you see... they licked the platter clean.”
How can you dump chicken feet below cost? There is no cost for chicken feet other that packing and shipping. They are part of the chicken. You don’t have to grow feet.
In another startling move, China has announced it will no longer accept any chicken manure from the u.s. Manure is not considered a delicacy, but the population has just gotten used to government statements, and the cr@p imported from the u.s. was always cheaper due vast surpluses in the u.s., where it is very efficiently manufactured by white house policies.
The trade minister vowed, “we have become extremely tired of the u.s. dumping this cr@p on us and we will not take any more cr@p from the u.s.; that is why we have completely banned it instead of the just taxing the cr@p out of our markets.”
the white house was quick to point out that their policies have ensured that u.s. citizens will have a huge abundance of cr@p for their own enjoyment.
I just read how chicken wings hsd become in such demand here as bar food as to make them too expensive for bars to provide free or cheap and that they were moving to other chicken parts to ‘buffalo’.
I suppose the price of chicken is about to shoot up. China and Russia both down on the chickens and the EPA in 2009 forcing pollution-discharge permits on chicken farmers.
The dang Delta Smelt in Ca ruining farming, the recent freezing weather, and some farmers a few years back were put in ruin over the salmonella scare with maters.
Food is going to start being much more expensive and what I fear most is our gov’t jacking with the farmers so much... that too many farms fold.
Just look at Jamaica. Yes, we’re big, and much more wealthy etc but Jamaica gives a good idea at what continuing like this gets a country.
________________________________________________________
“But economic hardship head Jamaica in 1992. The IADB (Inter American Development Bank; part of World Bank) loaned Jamaica 50m US$, their current debt (Wikipedia) is over.
* This loan is blamed for the ruin of the dairy industry because local subsidies and control of imports abandoned due to rules and the economy was forced to compete globally against the US and other big (and subsidized) producers
* WTO, WB, IMF = all inter-related in terms of cross-conditionalilty (they don’t want to step on each other’s toes)
* MAJOR RESULT: Duties were slashed from 100% to only 5% milk powder was not only imported (from EU) but it was also heavily marketed to the Jamaican people. Before long, nobody wanted fresh milk, so milk was dumped and cows were turned to hamburger. Production plummeted from 3000L/day to less than 600 L/day.
* Calves are often killed, nobody will buy them and they cost too much to feed.
* These subsidised European milk imports have had a profound impact on the growth of Jamaica’s dairy industry. In the 1960s, there were 4,000 small farmers. By 1996, following the arrival of cheap subsidised milk products, this had shrunk to 470. And by 2002, there were just 90 farmers left.
* In 1993 Jamaicans consumed 38 million litres of home-produced milk. By 2002, that figure had shrunk to just 18 million litres. Forty per cent of Jamaica’s population live in the countryside – three-quarters of them on less than a dollar a day. The decline in the number of dairy farms has hit them hard. Critics blame the negative impacts of trade liberalization policies – particularly, the cheap, subsidized imports of milk products. But are they right?”
http://dairynutrient.wisc.edu/375/page.php?id=562 ________________________________________________________
The farmers couldn’t compete with cheap, subsidized imports so they shut down. Problem is, the cheap won’t stay cheap forever, it will begin to climb in price. The farmers won’t be able to help the people because money/time etc will be prohibitive to them starting up again. What then...more dependant people and even MORE borrowing of money for the country.
I think all gov’t the world over needs to stop with this subsidy crud.
This is nothing new. Tariffs lead to trade wars and higher prices.
How long before Obama’s war on Toyota leads to similar actions by the Japanese?
Funny thing,
If you ever go to the Bahamas and want to make a good impression with the locals, bring a bunch of fat Perdue roaster chickens.
Their chicken looks like starved crows.
Course they try to protect the local farms and you’ll probably get in more trouble smuggling chicken in to the country that if you smuggled guns.
Once traded two chickens for 10 lobsters.
Thought that was a fair deal.
Guess that means they go back to cat ranching...
Meeeowwwwww....klunk...General Tso’s coming light up!
And while we’re at it how about adding a levee on all products to make up the wage difference of the factory workers (slaves) where the difference between their pay and the U.S. minimum wage would be tacked on to imports from China, Malaysia, India, etc. That would level the playing field a bit and make Hasbro consider building barbies in Michigan, Ohio, etc.
I doubt the US can actually “dump” poultry on Communist China....the ChiComs are the worlds biggest agri producer....you would have to “pay” the ChiComs to take the chickens...
The Free Trade Liberal Globalist-Communists are probably going to have some “I Hate America” explanation, and, cheesy defense for their Commie Chinese friends.....but the only way to correct the US imbalance of trade with Communist China is to start slapping tariffs on their goods. It is the only way you can pay off the money owned to Communist China.
Better to be an Isolationist and Protectionist than Globalist and Communist
And while we’re at it how about adding a levee on all products to make up the wage difference of the factory workers (slaves) where the difference between their pay and the U.S. minimum wage would be tacked on to imports from China, Malaysia, India, etc. That would level the playing field a bit and make Hasbro consider building barbies in Michigan, Ohio, etc.
The Liberal Free Trader Globalist Communists would scream bloody murder if we actually followed your perfectly sound idea.
I would rather do your idea than the current “ship jobs to Communist China....then let the ChiComs own our debt” plan that the Liberal Free Trader Globalist Communists continue to proselytize
Ag Dept Imports China Chickens
NoNAIS.org ^ | 2006-01-28 | Walter Jeffries
http://www.freerepublic.com/focus/f-bloggers/1655980/posts
U.S. proposal to allow chicken imports from China raises health concerns
International Herald Tribune ^ | May 9, 2007 | Diedtra Henderson
http://www.freerepublic.com/focus/f-news/1831098/posts
This is in reply to Obamao hitting their product with extra taxes.
And we thought Let the Games Begin was about the winter olympics.
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