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View Full Version : US tyre duties spark China clash



Tylerdurden
09-14-2009, 07:11 AM
By Geoff Dyer in Beijing and Tom Braithwaite in Washington
Published: September 13 2009 06:53 | Last updated: September 14 2009 11:57
A full-blown trade row erupted between the US and China after Beijing accused Washington of “rampant protectionism” for imposing heavy duties on imported Chinese tyres and threatened action against imports of US poultry and vehicles. (http://english.mofcom.gov.cn/aarticle/newsrelease/commonnews/200909/20090906514107.html)
Trade (http://www.uschina.org/statistics/tradetable.html) relations between two of the world’s biggest economies deteriorated after Barack Obama, US president, signed an order late on Friday to impose a new duty of 35 per cent on Chinese tyre imports on top of an existing 4 per cent tariff.
http://www.ft.com/cms/s/f67c6fe6-a024-11de-b9ef-00144feabdc0,Authorised=false.html?_i_location=htt p%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Ff67c6fe6-a024-11de-b9ef-00144feabdc0.html%3Fnclick_check%3D1&_i_referer=http%3A%2F%2Fwhatreallyhappened.com%2F&nclick_check=1

brad9798
09-14-2009, 07:31 AM
Sounds like something Bush would do ... someone must have slipped a paper under Obama's pen. He would never do anything like that, right? Right???

This really is a huge deal ... especially coming from Obama's administration!

Gawd ... if Bush would have signed something like this, right or wrong (and I agree with B.O. signing it, BTW), the bilge would be all a twitter with negative activity.

:D

peter radclyffe
09-14-2009, 01:59 PM
i heard a good song about u s presidents, but have no idea who its by, anybody know, it maybe 10 years old

peter radclyffe
09-14-2009, 02:06 PM
sorry Mark, i got the wrong post

ishmael
09-14-2009, 02:36 PM
People have such short memories. Most historians credit increased protectionism, a snowballing tit for tat, for deepening the Great Depression. I wonder how much of our subsidized agricultural produce China buys.

Tylerdurden
09-14-2009, 02:38 PM
I just put it up over the possible rift that could develop. The stuff with treasury buying or selling by China adds to it.

Has anyone been tracking the crap starting on the Indian border?

Nicholas Scheuer
09-14-2009, 06:13 PM
Anyone who thinks Obama wouldn't get tough with the Chinese wasn't paying attention. Obama is not about to just hand China the automotive rbber business.

I've got new so-called "Goodyear" tires on my boat trailer. They replaced the same mocel trailer tire previously made in Canada.

Guess how many folks are shopping for tires NOT made in China? (speaking of a website devoted to trailer sailers)

Moby Nick

MiddleAgesMan
09-16-2009, 11:20 AM
Don't worry about loosing the chicken export business. The Chinese like our chicken feet too much to give them up:

http://www.nytimes.com/2009/09/16/business/global/16chickens.html?ref=business

Cuyahoga Chuck
09-16-2009, 11:35 AM
People have such short memories. Most historians credit increased protectionism, a snowballing tit for tat, for deepening the Great Depression. I wonder how much of our subsidized agricultural produce China buys.

China was given "most favored nation " status around the year 2000. That's when their imports started to soar here. I suspect it was envisioned we would get commensurate exports into China ,which never really happened. The Bush administration was so busy fumbling around with gut-stuff like Terry Schiavos prognosis they let trade policy meander like a rudderless ship. Karl Rove couldn't see any votes being ginned up by delving into the China trade policy.
The importance of this question revolves areound "How much" not necessarily "what kind of". Up till recently farm states could care less how the manufacturing states got stiffed by China as long as their products got into China. What you'll see now is the Chinese limiting farm products because they know how loudly the farm lobbyis heard in the halls of congress. That's called 'divide and conquer" and it has worked in the past.

Rick-Mi
09-16-2009, 11:37 AM
I support President Obama on this move and think we should do more. Are you people familiar with China's trade policies when it comes to their own markets?

Tylerdurden
09-16-2009, 11:57 AM
I support President Obama on this move and think we should do more. Are you people familiar with China's trade policies when it comes to their own markets?


I agree except I worry it was done for the wrong reasons.

Cuyahoga Chuck
09-16-2009, 12:08 PM
I agree except I worry it was done for the wrong reasons.

Which are?

Tylerdurden
09-16-2009, 12:13 PM
Which are?

Not writing to you, go back to coloring. If your good I will send you this.

http://ds.vggen.com/news/images/crayola.jpg