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Article Review: U.S., China Locked in Trade Dispute

analytical Essay
1152 words
1152 words
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:U.S., China locked in trade dispute

INB-300-3980 International Business

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Abstract

In today's shopping experience, it is nearly impossible to find a retailer who does not have a store full of products made in China. Manufactures have taken their manufacturing operation to China, the home of cheap labor, an abundant work force, and a regime that does not mind looking the other way when it comes to human rights and any possible violation of those rights. However, is the reverse true in China? Can a shopper go into a Chinese retailer and find products with the Made in the USA stamped on it. The purpose of this paper is to review a Washington Post article that examines a trade dispute between the U.S. and the Chinese.

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Article Review 3:U.S., China locked in trade dispute

One thing is true about free trade it is not always free. Countries bicker and squabble over whether one is acting in a way that might be considered unfair. Countries participate in protectionist measures such as state funds, higher tariffs, immigration restrictions and export subsidies in order to protect their citizens from what they perceive as an unfair trade practice. In September of 2009, the World Trade Organization released a report indicating that many of its members have avoided the protectionist measures that exacerbated previous economic crises. However, the same report indicated that there has been some "slippage" by its members.

I mention these details because they have a direct correlation to a trade dispute that involves the United States and the People's Republic of China. The dispute is over the export of tires, chickens, steel, nylon, autos, paper, and salt. Because of these disputes, an already tense relationship between the two economic powers has become more so. President Obama claims that he is trying to protect his country's rights. However, the Chinese have claimed that the United States started the whole dispute by launching what it calls an unprovoked attack. These tensions ramped up in September 2009 when the U.S. imposed an overwhelming 35% import fee on Chinese tires. While in economic terms this tariff was minor, it infuriated the Chinese. The Chinese felt the tariff was a political concession to U.S. labor unions instead of a legitimate punishment for a possible violation that it might have committed.

In this essay, the author

  • Argues that it's impossible to find a retailer that doesn't have products made in china. manufactures have taken their manufacturing operations to china, the home of cheap labor and an abundant work force.
  • Analyzes how the chinese claim that the president violated his promise to the g-20 leadership, that he would avoid protectionist policies.
  • Explains how the chinese accused the u.s. of "dumping" chicken products and auto parts into the china market and issued a warning of retaliatory tariffs.
  • Opines that bai shunqiang, a professor at the university of international business and economics in beijing, insists that all the ongoing investigations conducted by the chinese are ongoing.
  • Analyzes how cha, a. e., and china locked in trade disputes. the washington post.
  • Explains that free trade is not always free. countries bicker and squabble over whether one is acting in a way that might be considered unfair.
  • Opines that the u.s. trade relationship with china remains strong, buttressed by consistent and frank dialogue, effective institutions, and global trade rules.
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