Nickname: bg1

Review: How will the US maintain its standard of living, military capability and therefore control over its destiny, without a manufacturing base? How will the US maintain a manufacturing base if China can export goods to the US for less than raw material cost?

Date reviewed: Apr 19, 2006 1:45 AM

Nickname: Daniel.C

Review: You may think this issue from another way that Chinese export goods are more based on cheaper human resources and its cheaper coal energy base like steeland family goods. These is just the shortage place of U.S..so if the oil price is high,i believe that U.S. goverments will continue keep silence on the trades between U.S.and China.

Date reviewed: Apr 16, 2006 12:00 PM

Nickname: xiaoxiao

Review: The way statistics are done is misleading. The 202 billion doesn't show the real face of trade situations among nations in today's globalized market. China's exports are largely manufactured goods whose material or parts are from elsewhere. But when exported, the cost of the goods are also included. In another word, if we use "value-added" figures, we would see how China is sacrificing her environment and industries to be the world's assembly and manufacturing base. For China's own good, she should strive to readjust her trade structure in the coming years. In addition, the U.S should accelerate its interest rate increase. If the U.S hasn't kept such a low interest rate, price for oil and oil-related goods couldn't be so high. This will help the U.S to reduce trade deficit.

Date reviewed: Apr 14, 2006 4:27 AM

Nickname: DB

Review: Excellent! The U.S. should buy and stockpile all the steel that China wants to produce at subsidized prices. Ditto for Canadian lumber. If the Canadian taxpayer is being forced to subsidize the U. S. housing industry, would it not be in the self-interest of U. S. denizens to simply say "thank you" ? Why should the entire population of the U. S. pay artificially high prices for anything to subsidize a particular industry in the U. S. The answer? "Because we have the best government money can buy" and the lobbyists have already paid the grubniks in office...

Date reviewed: Apr 14, 2006 2:57 AM

Nickname: Canada

Review: The US Trade Dept. is a small bully in a big school yard. Hats off to China for developing their economy. Shame on US manufacturers for claiming foul play when such charges would not withstand WTO or anti-dumping litigation. As a Canadian, I have lost my sympathy for American trade problems after the US imposed illegal "anti dumping" tarrifs of 27% on Canadian lumber sold into the USA. These US tarrifs have time & time again been declared illegal by the WTO and the "anti dumping" charges have never satisfied a US court. Yet, the Dept of Trade, Congress & President Bush refuse to honor WTO rulings. I also understand there are hundreds of similar cases where the WTO does not support USA tariffs. Nice way to treat your friendly Canadian neighbors. Let's see how it works with China.

Date reviewed: Apr 13, 2006 9:28 PM

Nickname: Red Ryder

Review: We chose to do business with a communist country. A lot of business. Many in this country think that the fall of the Berlin Wall was the end communism. Now we are playing into their hands. Hitler's 1938 dicyum stressed that America will never be able to pull together because of their allegiance to the almighty dollar. He was wrong then, but now I'm not so sure. Try getting your money back when you get ripped off for tens of thousands in China. Our rules don't apply and either we get used to it or we stop doing business with China. I hope it is not too late.

Date reviewed: Apr 13, 2006 6:41 PM

Nickname: Victor

Review: Here comes another "sob" from USA. This country has stopped looking itself in mirror and started poking/pointing fingers to other countries. If you are good and competent enough you can win the war/game. Be it an IT industry or manufacturing industry. The developing countries are spending their best effort to come up. Whereas the USA just wants to be on top with out a spending effort. Hey guys, listen up. "You can eat up any amount of wealth if you do not work and just spend lavishly on cars, bars, and wars." Just be intelligent and you can beat anyone again.

Date reviewed: Apr 13, 2006 6:16 PM

Nickname: zen2000

Review: What? The Chinese run a trade deficit with the world? oh, they just want to buy from other countries and sell to the U.S. That does it! Let's get Senator Schumer to make them increase their currency. Maybe by then, the poor Chinese can afford American goods. Wait, let's first make a Chinese exclusion act so they can't buy up all the American companies. Where's Schumer on this when we need him?!

Date reviewed: Apr 13, 2006 6:09 PM

Nickname: mrrm

Review: Whenever there is an election year, talk of protective measures on trade abounds. It is easy for any arrivist politician to talk about the Chinese currency being overvalued. Yet, its trade weighted exchange-rate of the Yuan actaully did devaluate the Yuan. It is the USD that is overvalued and China is the main buyer of the US currency. Only the Chinese, because they are still poor, have to buy US dollars in order to stabilize their own economy. Otherwise who would buy a currency with such big imbalances and riks attached? Would you put your money in a bank that produces a huge loss? The Americans should thank the Chinese for doing exactly that! The steelmakers of America must upgrade their product and benefit from pollution credits, not complain about on completely false assumptions. Not tired of lobbying in Washington DC? Enough of political crap and nice Easter to all.

Date reviewed: Apr 13, 2006 5:51 PM

Nickname: Brandon W

Review: What right does the US have to complain about the Chinese giving their industries cheap credit or tax breaks? Isn't the US government, especially Republicans, constantly talking about how we need to cut taxes? As for cheap credit, so what? The US government could do the same if they so wished. No, I think the capitalists are mad that they're getting beat at their own game. "Free" markets are a legal trading construct. There is nothing in human society demanding that a market be constructed in that way. Thus, China can choose to structure its market how it chooses, which may well include a lower risk assessment of credit or governmental assumption of risk (thus, lower rates). Really, I think the "free" market proponents are just upset that their faith in their market construct isn't working in their favor. Too bad. I'm an American too and I have to deal with the reality of this situation. But there are better things to do than whine that the neighbor kid isn't playing fair.

Date reviewed: Apr 13, 2006 5:12 PM