china trade

Folks,

of course the 27.5% is a tax on US consumers, not on the Chinese.

http://news.bbc.co.uk/2/hi/business/4561271.stm


The US Senate is due to vote on a bill later this year which would impose a
27.5% tariff on all Chinese imports to the US unless China removes the currency
peg within six months.


John

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