Friday, August 27, 2010
A middle-size step
News item, via the China-sucking boys at NRO who obviously don't like it:
Good. Better would be unilateral 20% tariffs on all Chinese shit, but we're not going to see that. Best would be a blockade, but we're not even going to imagine that. ¶ 5:00 AM
The Obama administration, vowing to crack down on countries such as China that it says help subsidize exports of cheap goods to the U.S., introduced 14 measures to toughen enforcement of trade laws.
Proposals offered yesterday include changes to make it harder for individual companies to be excused from country-wide duties, adjustments in methods of anti-dumping calculations and alterations to how labor rates are calculated when determining if products are being sold at artificially low prices.
“Generally, this is targeted at China, and China will see it as such,” said David Spooner, a former Bush administration official who is now a trade lawyer with Squire Sanders in Washington and represented Chinese companies in a tariffs disputes. “The aim is to raise the price of goods from China.”
Good. Better would be unilateral 20% tariffs on all Chinese shit, but we're not going to see that. Best would be a blockade, but we're not even going to imagine that. ¶ 5:00 AM
