Wednesday, February 19, 2014

USA Goes to Trade War With China For Germany

The China Daily reports:
"The US International Trade Commission has not realized that the two countries’ solar industries are tightly linked. US solar imports from China have created great commercial benefits and job opportunities for the US," said an official from the Bureau of Fair Trade for Imports and Exports at the Ministry of Commerce.
Just so, less expensive solar panels means more $50 an hour installation jobs in USA.  Far more money to be made installing solar panels than making solar panels.
The investigation is regarded as a further move in imposing restrictions on China’s exports of solar products into the US after the US Commerce Department imposed tariffs of 29.18 percent to 254.66 percent on Chinese solar panels in December 2012.
Why would we fine someone for giving us a good deal?
The US arm of German solar panel maker SolarWorld, based in Hillsboro, Oregon, filed a complaint with the US Commerce Department in December.
O dear, you mean a foreign company can open an office in USA, and then leverage USA imperialism to private foreign company ends?  Shouldn't we think this policy through?
It accused the Chinese mainland of flooding the US with cheap products because the country shifted production of certain solar panel parts to Taiwan to avoid various trade duties.
You mean like the USA did not do?  Should we have invested in Taiwan and not Solyndra, etc?
SolarWorld’s Chief Executive Officer Frank Asbeck wrote in a note at the beginning of the month: "China is improperly seizing control of an industry that the United States invented."
This, from German citizen running a German company with an office in USA?  Who got a presence in USA by buying a defunct Korematsu plant in Oregon? "We invented oil so what is our oil doing under Iraq"?  The Chinese invented gun powder and the wheel, so only the Chinese should be able to use it?
Addressed to President Barack Obama — who spoke about the US solar industry in this year’s State of the Union address — Asbeck said China driving down its prices has "hurt and bankrupted dozens of well-run US solar manufacturers and cost the jobs of thousands of US employees".
You mean the half-dozen well-run Solyndra's?  Ka-ching!  I didn't listen in to the state of the union address, but that was a laugh line by the President, right?

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