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US slaps duties on electric blankets from China
Reuters ^ | January 27, 2010 | Doug Palmer

Posted on 01/27/2010 4:09:05 PM PST by Cheap_Hessian

WASHINGTON, Jan 27 (Reuters) - The United States has set preliminary anti-dumping duties ranging from 90 to nearly 175 percent on about $30 million worth of electric blankets from China, the U.S. Commerce Department said on Wednesday.

The ruling is a victory for Jarden Consumer Solutions, a Florida-based subsidiary of consumer products company Jarden Corp (JAH.N). It filed a petition earlier this year asking for protection against its Chinese competitors.

The relatively small case is of one several ongoing U.S. investigations into charges that Chinese companies are selling their goods in the United States at unfairly low prices and benefit from unfair government subsidies.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: barriers; china; competition; duties; economy; imports; market; obama; protectionism; subsidies; trade; tradedispute; tradewar

1 posted on 01/27/2010 4:09:06 PM PST by Cheap_Hessian
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To: Cheap_Hessian; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


2 posted on 01/27/2010 4:11:36 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Cheap_Hessian

Before the pro-tariff crowd chimes in, think of this - which one of our products will China slap a tariff on in retaliation? And we do export a lot of stuff to China....

If they wanted to keep the Chinese from dumping, simply introduce safety standards for imported blankets and require by-lot testing.


3 posted on 01/27/2010 4:15:19 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Cheap_Hessian

Only people making more than $250,000 per year buy electric blankets from China. So don't listen to those people who claim that this tax will be paid by the middle class.


4 posted on 01/27/2010 4:19:03 PM PST by Nick Danger (Free cheese is found only in mousetraps)
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To: Spktyr

I look at it like this... instead of making foreign businesses less competitive, why don’t we allow our businesses to be more competitive?


5 posted on 01/27/2010 4:20:50 PM PST by Cheap_Hessian (I am the Grim FReeper.)
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To: Cheap_Hessian

Good, very good. You must be cheap like me. I love buying at unfairly low prices!


6 posted on 01/27/2010 4:24:21 PM PST by 1010RD (First Do No Harm)
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To: Cheap_Hessian

Yes, reducing taxes on US businesses would help. Tariffs don’t.


7 posted on 01/27/2010 4:27:18 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: 1010RD

What’s a fair price? Who decides? Higher prices equate to a lower standard of living.


8 posted on 01/27/2010 4:27:35 PM PST by Cheap_Hessian (I am the Grim FReeper.)
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To: Cheap_Hessian

I guess if I need an electric blanket, it’s gonna cost me 90 to 175 percent more.


9 posted on 01/27/2010 4:28:20 PM PST by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: Cheap_Hessian

I like low prices. I wasn’t being sarcastic. I like to decide for myself what I buy, when and for how much.

We are, I believe, in agreement.


10 posted on 01/27/2010 4:31:25 PM PST by 1010RD (First Do No Harm)
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To: Cheap_Hessian

Remember: You’re gouging on your prices if you charge more than the rest / but it’s unfair competition if you think you can charge less!


11 posted on 01/27/2010 4:33:39 PM PST by Mr Ramsbotham (Obey the law, or you'll go to prison and be raped.)
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To: Cheap_Hessian

US-China trade war looming?


12 posted on 01/27/2010 4:33:51 PM PST by cranked
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To: Cheap_Hessian

China has an across the board tariff by virtue of the yuan/dollar peg.

I’d just assume drop nukes on their asses as let them ship one more crappy, poison filled trinket to our shores. They are the enemy, just as veritably so as al quaeda.


13 posted on 01/27/2010 4:34:35 PM PST by InternetTuffGuy
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To: 1010RD

Oops... my bad. Glad we agree.


14 posted on 01/27/2010 4:34:40 PM PST by Cheap_Hessian (I am the Grim FReeper.)
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To: Cheap_Hessian

Who need electric blankets in this age of global warming?


15 posted on 01/27/2010 4:37:03 PM PST by Taft in '52
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To: Cheap_Hessian

Huh? We still make electric blankets here? I bought one at Costco and it didnt last a year. Must have been a ching-chang one.


16 posted on 01/27/2010 4:40:31 PM PST by blasater1960 ( Dt 30, Ps 111, The Torah is perfect, attainable, now and forever)
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To: Taft in '52

I do - I love my electric blanket - you preheat it on a cold night with a couple of pillows over it to get it extra toasty... you slip into bed... NIRVANA! the inventor should be given a nobel prize!


17 posted on 01/27/2010 4:44:51 PM PST by aquila48
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To: Spktyr
"Before the pro-tariff crowd chimes in, think of this - which one of our products will China slap a tariff on in retaliation? And we do export a lot of stuff to China...."

There's something that you should think about, which is that China is fighting a relentless trade war against us and has been doing so for decades, a war that we refuse to join. Also, what benefit is it to our nation (never mind consumers for a minute) to pay China to build a huge, world-class military, including nuclear weapons, to challenge us all over the world? How is this good for our nation?

To me, it's a strategic issue, and cheap goods come in a very distant second. Those people have nuclear weapons pointed at us right now, and you are falling all over yourself to pay them to build more and better, all for cheap electric blankets. Our trade policy is slow suicide, like a drug addiction.

18 posted on 01/27/2010 5:09:45 PM PST by Batrachian
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To: InternetTuffGuy

“China has an across the board tariff by virtue of the yuan/dollar peg.”

About 40% tariff.

Not that the “free trade” crowd cares. Obviously, this means we are at war by their logic, but they are blind in their self-righteousness and class war.


19 posted on 01/27/2010 5:10:29 PM PST by Shermy ( John Kerry is a Jets fan)
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To: 1010RD
Good, very good. You must be cheap like me. I love buying at unfairly low prices!

Somebody please help me; What is an unfairly low price and who gets to decide?

20 posted on 01/27/2010 5:23:15 PM PST by dearolddad
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To: Batrachian

As with most knee-jerk types, you didn’t read the post.

Here’s a hint - if you raise the safety standards, they *won’t* be selling them here. And therefore they won’t be getting money AT ALL. And then they can’t even complain about it, plus there’s no retaliatory tariff war.


21 posted on 01/27/2010 5:28:38 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: cranked
US-China trade war looming?

The trade war was already prosecuted by China. Americans are only now realizing that we have been punked. China waged a war by mercantalism and we've lost the major battles.

I had to dig out my Sin-tzu: "Preserving the enemy's capital is best, destroying their state's capital is second-best.

They have kept our economy afloat, (best), and Obama has completely surrendered so that they don't have to devolve to destroying our state's capital (dump their holdings of our treasuries).

In the next paragraph we find:

"Subjugating the enemy's army without fighting is the true pinnacle of excellence" We know they can blind our sats, blow up our sats, and sink our carriers with sunburns. I don't know that we can even get our darkstars aloft anymore.

22 posted on 01/28/2010 3:17:09 PM PST by InternetTuffGuy
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