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To: Soul of the South

I’d also go for the immediate imposition of a 25% tariff surcharge on imports from China.

Right. Drive us all into poverty in no time flat.
Look, I really don’t have the time to explain concepts such a “zero elasticity” and the legalities of our WTO legal obligations, but rest assured that even if China didn’t reciprocate - and it would - and the WTO didn’t slap a huge tariff on everything made in America - which it would - and the consumers who but all of this stuff actually didn’t buy it anymore - which they will - then you could make that Tariff a 100% and not 1 job would return to this country under the present (1970 to now) legal, regulatory, and labor environment.
Not one.


72 posted on 07/18/2011 8:28:00 PM PDT by bill1952 (Choice is an illusion created between those with power - and those without)
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To: bill1952

Declare and find China guilty of currency manipulation and the WTO allows tariffs for dealing with that.

No one can argue that a currency peg isn’t currency manipulation. Especially when so many have complained to China about said peg.


76 posted on 07/18/2011 9:19:14 PM PDT by NVDave
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