China - U.S. starting trade war with China

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U.S. starting trade war with China

Monday, September 14, 2009
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From 24/7 Wall Street:

China voiced unusually strong objections to tariffs put on its tire exports to the US.

The American government believes that the Chinese are targeting the industry which is costing US jobs. Labor unions will like the decision, as will a number of members of Congress who think China does not work on a level playing field when it comes to trade.

China has already begun the process of retaliation. It has the upper hand in a trade war with the US and it is about to use that hand to prove its supremacy.

Read full article...

More on China:

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Topics:		China \| Government Stupidity \| Cruxallaneous

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