Skip to comments.China Hits Back at US Duties, Says It's Been Made A Scapegoat (Union Goons vs Chicom)
Posted on 12/31/2009 6:46:05 AM PST by TigerLikesRooster
China Hits Back at US Duties, Says It's Been Made A Scapegoat
Published: Thursday, 31 Dec 2009 | 1:06 AM ET Text Size
China on Thursday decried a U.S. decision to impose duties of 10 to 16 percent on Chinese-made steel pipe, the biggest U.S. trade case to date against China, and said it had been made a scapegoat of protectionist interests.
The Ministry of Commerce said it was "strongly dissatisfied with and resolutely opposed" to the vote of the U.S. International Trade Commission for countervailing duties, which Washington said were needed to balance out unfair state subsidies to Chinese makers of pipes for oil wells.
(Excerpt) Read more at cnbc.com ...
China is going to stick it to the middle aged, radical college student.
In a war between China and US unions, I root for China.
Oh goody. Trade war. That always works so well....
Yep, lets return to protectionism. Since that worked so well in the 1930’s.
Does anyone in this White House own a history book?
China made tires are taking a hit too with the new taxes.
But my dealers just bypass the old China cheapos and stock other affiliate brands.
That would be an interesting “how many angels can dance on the head of a pin”-type discussion. Who cares more for the United States, China? (because it holds U.S. government debt), or the United Steelworkers? (because it wants to line its own pockets).
And wasn't it China who walked out of the Copenhagen Climate Change Communists?
Now that is funny!
Aww...finally something is done against the ChiComs and their corrupt trading practices....we can finally do something about the huge trade deficit
Communist China is now even losing rulings in the WTO on US complaints....and on cases brought forth by the Bush Admin a few years ago
Of course, the supporters of Free Trade with Communist China will whine whenever tariffs are imposed on the ChiComs....even though the ChiComs will not allow US goods to sell freely in Communist China.
Also, I get a kick out of those who claim “union thugs” as a cover when they support the Communist Chinese. That is like someone who hates Hamas....then in spite supports Hezbollah instead. I do not like unions either....but I am not going to redistribute wealth to Communist China to remedy that
If you support Free Trade with Communist China....YOU ARE A COMMUNIST
Yes, the child-dictator.
All they have to do is not show up at the next Treasury auction. That would be a nice shot across the bow.
“Does anyone in this White House own a history book?
Yes. Das Kapital.
“And wasn’t it China who walked out of the Copenhagen Climate Change Communists?”
Now if they would just stop propping up our sick dollar and force the Fed to undergo some strong fiscal discipline, they would complete the trifecta.
It took an incompetent, affirmative action, Ivy League, domestic Commie like Obama, to force the ChiComms to behave like free market capitalists.
"Can I lay some 'a that pipe?"
I’m not sure, but I think I support the Chicoms over the Union Goons.
I root for a long struggle with lots of casualties.
But if you support the United Steelworkers, you are a patriot. Um, wait a minute . . . are we trying to save the steel industry, or bury it?
Does anyone in this White House own a history book?
Now that is funny!
If you think about it from Obama's perspective, he's hitting the trifecta: he's sticking it to the Chinese for dissing him, he's throwing a bone to his supporters at the USW, and he's making it more expensive to drill for oil in the United States.
China is not practicing communism. It is a fascist state. Supporting them is akin to supporting global fascism.
One could ask the same question of a sizable number of Free Republic posters. Protectionism cuts across all political boundaries, it would seem.
workers of the world are uniting....go figure! 2010...year of the tiger in the free world, year of the strike everywhere else!
The steel nazi’s have been pulling this crap for decades now. I used to have to watch the steel market carefully, and discovered the tactics the US steel nazi’s use...it works like this, a load of beams arrives on a boat from poland. the steel nazi’s cry “dumping”..the load is then put in a warehouse while the claim of dumping is investigated...meanwhile, the US steel nazi’s raise their price on beams an average of 25% while this investigation takes place. At the conclusion of the investigation, the claim of dumping is found to be not valid. The beams are released for sale, and the US steel nazi’s drop their price on beams to compete with the polish beams. Then, a load of steel plate arrives on a boat from belgium........
I’m there. I can get parts made quicker (5 times) and for less (4-6 times) of the same quality and sometimes even better. Not only that, they really appreciate your business. I have been anti-union when I discovered how the union workers at the GE plant in Cincy were getting paid time and 1/2 without even being anywhere near the plant (1982).
Nah, we’re just supposed to roll over and lube up for the Chicoms. But hey, we’re sure teaching Cuba a lesson, eh?
I know the Chicoms are in charge of the White House, but when did the Asion laborers unionize? I’m so confused.
True story: I interviewed (it was more of a meet & greet, as he had no positions open) with a USX executive in the late 1990’s. We were just chatting in his office, and I asked him about USX’s large amount of unfunded pension liabilities. He just smiled and said, “we’re too big to fail.” I’m serious.
Isn’t an artificially low RMB the same as protectionism across the board. I have heard estimates of 40% undervalued. If that is the case then it is like a 40% tariff on all American exports worldwide that compete with China.
Protecting steel tube manufacturers may have involved some mutual back scratching between the Obamanoids and domestic steel pipe manufacturers. However, it is ignoring the big issue of across the board protectionism by the Chinese through the RMB. Any comment TLR?
The List, ping
Like abused women, they keep crying out “but it’ll be different this time!”
The State Department in 2009 sought the Chinese government's help in blocking a sale to Iran of 25 tons of specialty steel for Tehran's defense industry to be used in building nuclear-related centrifuges, according to a classified department cable. "Post is instructed to inform appropriate-level Chinese officials of this transaction, and request that they investigate the entity and individuals involved," according to the cable, which is labeled "secret." It noted that the Chinese were to be told that the company faces sanctions for the proposed sale under U.S. law. (Snip) An earlier State Department cable revealed that China helped North(Excerpt) Read more at washingtontimes.com ...-------Chinese firm tied to steel used in Iran nukes Washington Times ^ | 1/24/11 | BIll Gertz http://www.washingtontimes.com/news/2011/jan/23/chinese-firm-tied-to-steel-used-in-iran-nukes/ Posted on Monday, January 24, 2011 1:13:31 AM by Nachum
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.