Sinomania!: TRADE WAR: Beijing Considers Duties on US Autos

November 06, 2009

TRADE WAR: Beijing Considers Duties on US Autos

The Obama administration seems keen to reward the US Steelworkers union for the millions in contributions during the 2008 election cycle with countervailing duties on Chinese steel product imports. Nearly every week there is a new product slapped with extra duties. Beijing's tit-for-tat response today is an investigation into whether US auto exports are subsidized given that the Federal Government owns a large portion of the US auto industry. The flurry of trade disputes overshadows recent gains in understanding between the two trade giants and comes less than two weeks before Obama will arrive in China....

Labels: automobiles, foreign relations, foreign trade, free trade

# posted by Sinomania! : 11/06/2009 09:49:00 AM

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About Me

Name: Sinomania!

Location: San Diego, California, United States

Ben Calmes writes, produces, and hosts a weekly broadcast on China, Chinese stock markets, and business matters, at the sinomania.com website. He has traveled alone extensively throughout eleven provinces, municipalities, and special administrative regions in China. His views on China have been sought by Moody's Investors Service, the World Economic Forum, the New York Times, Xinhua Finance, and the Council on Foreign Relations. Ben worked in the White House in the administration of President George H.W. Bush and as a consultant to the Clinton/Gore Transition Team. He has held responsible positions at government sponsored enterprises at the federal, state, and city level as well as the US Department of the Treasury and private enterprises. Ben has a B.A. from the University of Virginia and a M.A. from USC.

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November 06, 2009

TRADE WAR: Beijing Considers Duties on US Autos

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