Wednesday, April 06, 2005

What's that about a level playing field?

Greg Hitt writes in the Wall Street Journal April 5, 2005

Moving to blunt China's clout in textiles, the U.S. launched a series of trade investigations that set the stage for imposing import curbs on Chinese-made apparel. The Bush administration's announcement comes amid a surge in textile imports from China and complaints by American manufacturers and their supporters in Congress that the U.S. textile industry is fast losing ground. In a written statement, Commerce Secretary Carlos Gutierrez said the move was a "first step" toward determining whether the U.S. market is indeed being disrupted, and whether the disruptions can be attributed to Chinese imports.
Pete's Points:

Once again we have evidence that a level playing field for the USA is one which just happens to tilt in their direction.

There is no surprise from those of us in Australia who are regularly clothed by the Chinese in this country. They provide excellent quality clothes for a price that cannot be met by local manufacturers. I guess for the Americans private enterprise and competition is only a good thing when they have the upper hand.

Get with the program guys, YOU brought capitalism to the world, YOU brought competition to the world, YOU destroyed customs barriers and trade barriers in the name of free trade - now live with the consequences.

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