House Panel Approves Bill Threatening Duties on China for 'Undervalued Currency'

People in the US get paid in dollars.

Oil going to $200 will take care of much of the rest.

For all the hand-wringing, the US remains a manufacturing force.

 

Easy solution: Zero taxes for domestic manufacturing.

 

"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." --Reagon

Time to regulate imports from China.

 

China's government says it will impose import duties on US chicken products it says are being unfairly dumped on the Chinese market.

http://www.bbc.co.uk/news/business-11415036

 

More chicken for me! If there is a trade war, we won't go hungry.

 

The Chinese are acting unreasonably and irresponsibly. The only loser from a trade war will be China. The Chinese should look at what happened to Japan and their unwillingness to terminate damping. After 20 years, they are still trying to pick up the pieces. US is in some form of economic neutral stability while China sits on a highly unstable economic mode with a little room to move up but with a long way to go down. They [Chinese] should start listening. If they want free trade they must have free floating currency. It is simple. The question is why do American politicians have accepted this going on for such a long time. Someone must have an answer.

 

China is not the one that does not know what it is doing. This is a clear signal, given the bill floating around the House, that China is no more afraid of a trade war than U.S. does.

 

are you so sure?
why then china have 2.5 trillions in reserves and US in 250 billion deficit with China

Of, course US consumer overpays on retail level but still go to
aliexpress.com for example
you can order directly from chinese manufactures

so maybe closer to $150 left in China and $50 goes to to usa

 

If that were true, they would be acting stupidly. But it's not true - like any government, they make some statements as threats, some for external audiences, and some for internal audiences.

Buildings are real. Knowledge is real. Resources are real.

Money and bonds are a mutually consented illusion - when that consent disappears, so does their value.

 

Just curious, have you studied Chinese history? Not the cookie cutter crap in college, or the junk from the propaganda machines. If not, its okay too. Its not that important of a subject to be discussing anyway.