Posted on 10/04/2010 1:00:25 PM PDT by goldendays
The Chinese are serious people.
We are not.
Gasp ! Expect serious incoming from the Free Trade Religionists...
Ruling could cost Boeing billions, EU officials say
European officials claimed Wednesday that a preliminary decision by the world’s top trade court found that aid to Boeing violated international rules, leading to the prospect that the Chicago-based plane maker may have to forgo, or even pay back, billions in subsidies.
Details of the ruling weren’t made public, and a final judgment isn’t expected for several months.
Boeing issued a statement saying, in part: “If today’s reports are accurate that some $3 billion of the EU’s claims were upheld by the WTO, excluding the claims that relate to past programs long ago remedied by Congress, then the ruling amounts to a massive rejection of the EU case.”
The ruling comes three months after the WTO found that European planemaker Airbus gained an unfair advantage through billions worth of subsidies. AP
WTO says US ban on Chinese poultry is illegal
By BRADLEY S. KLAPPER – 5 days ago
GENEVA — The Obama administration received its first rebuke from the World Trade Organization on Wednesday as a three-member panel declared that an American ban on Chinese poultry is illegal.
The ruling came as the U.S. House of Representatives prepared a vote condemning Chinese currency manipulation and threatening possible trade penalties. But its negative outcome for Washington could bolster Beijing’s claims that U.S. lawmakers are bending to protectionist pressure amid high unemployment.
The WTO said the U.S. was violating a number of its trade obligations by preventing Chinese chicken parts from entering the U.S. market, ruling against a measure in last year’s U.S. federal spending bill.
they try to tell you America
http://video.google.com/videoplay?docid=1590858026591557284#
One way free trade with the enemy is economic suicide ping.
(((three-member panel)))declared that an American ban on Chinese poultry is illegal.
Did someone hold a gun to Caterpillar’s head and force them to ship their technology to China?
We’ve been handing the commie bastards our technology and manufacturing industries for years, with the full blessing of the ignorant, worthless politicians.
yes we did
Caterpillar should refuse to build their equipment in China. Once China figures out how to build this equipment, they kick Caterpillar out. I’d give it two years.
i think they try to call it FREE TRADE lol lol
I am all for making a buck, but when all you think about is the next buck, you aren't thinking about the pifalls you might encounter down that path.
Anyone still supporting Liberal Free Trade Globalism...especially Free Trade with Communist China...is an idiot, moron, and a Communist.
Communist China does not practice Free Trade...and only a Commie-loving moron Free Trader thinks they can Free Trade with Communist China.
Its time to end the WTO< NAFTA, UN, and any and all Globalist entities. America grew strong on its own...not without hooking up with Globalist organizations.
Every single US trade partner has some type of tariff or trade barrier on US products. Only idiot Free Trader Globalists think otherwise....even as the facts point out the Globalists wrong
Possibly lawyers from big-money shareholders, demanding that Caterpillar “increase shareholder value”?
I agree. What is fueling this is corporate greed. Not saying they shouldn’t make a buck but for years these companies have been stiffing american workers in lieu of cheaper foreign labor. what goes around comes around. sadly americans will still be on the loosing end because they are dealing with a country that has no scruples.
“When goods stop crossing boarders, armies do.” (or something along those lines). As things are going now this will eventually happen.
“Expect serious incoming from the Free Trade Religionists...”
Given that China is not engaging in free trade with its 30% tariffs, I doubt they will say much.
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