Thursday, October 1, 2009

China Reacts

I just recently viewed this article, China Strikes Back on Trade, in the wall street journal. To sum up the article apparently the O'bama administration has decided to implement a tariff on the lower-end made Chinese tires. Their decision is due primarily to an increase in Chinese imports. And in their reaction to this proposed tariff China decided to enforce a restriction on the U.S. imports of chicken and auto parts. Hopefully, this is not a deciding factor in how our future relationship will be progressing with China.

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