Real China Economy

Good commentary regarding the trade issue.
http://www.marketwatch.com/story/us-china-spat-hits-stocks-but-trade-war-unlikely-2009-09-15

George Baxter trade exports, imports, tariffs, trade

It seems that there was an agreement at the G20 not to use restrictive trade measures during the crisis and the US is now reaching beyond that agreement.
http://www.marketwatch.com/story/wto-chief-concerned-about-china-tire-tariffs-2009-09-16

George Baxter trade exports, imports, tariffs, trade

This article ties well with the one I posted with respect to US steel tariffs.  It seems that that Chinese stimulus has resulted in massive steel production which is being dumped around the world.  They have invested in excess capacity and goods for export.   This excess steel production is crowding out local producers who are [...]

George Baxter Capacity, Commodities Capacity, Commodities, exports, imports, steel, tariffs

China is reacting very quickly to the Obama administration’s decision to raise tariffs on Chinese tire imports.    Hopefully, this is the end of the exchange of punitive measures.  If it is not, this will obviously be very bad for the world economy.
 
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7nGNZzouDOM
Also, see this NYT article.
http://www.nytimes.com/2009/09/14/business/global/14trade.html?_r=1&ref=business

George Baxter Uncategorized auto, tariffs

This is interesting.   This is the first protectionist move that the Obama administration has made with respect to China.  I wonder if it is being done as a one off to appease the Steal Workers Union or as a broader policy.  We will need to watch what if anything the Chinese do in response.   The biggest [...]

George Baxter Uncategorized exports, imports, tariffs