On Monday, The International Trade Commission (ITC) unanimously voted to recommend that President Obama impose tariffs on the import of Chinese tires for three years. The new administration will have until September 17 to decide what, if any, relief to provide based on the ITC’s recommendation. more »
President Obama will get an opportunity in the coming weeks to show American workers that he has the mettle to get tough with China when that country flouts the basic principles of fair trade, and it will be on an issue in which he does not have the luxury of ambiguity. more »
The second-quarter trade deficit of $183.1 billion means that every day the United States must raise more than $2 billion by borrowing or selling off assets. The trade deficit with China increased by 15 percent in the first half of 2008.
If global economics were an Olympic sport, here are key reasons why China would be winning gold medals, while the United States would be an also-ran. This list helps make the case for a new American industrial policy.
enews.mcot.net — According to China's Ministry of Commerce, multinational corporations have set up 1,160 research institutions in the country, as of late 2007. A survey conducted by the United Nations Conference on Trade and Development (UNCTAD) says that 62 percent of global companies rated China as the most attractive location for prospective research & development.
washingtonpost.com — With more and more prescription drugs and drug ingredients coming to the U.S. from nations such as China and India, Congress is voicing concern that the number of inspections of foreign plants by the Food and Drug Administration has grown far more slowly.
On Monday, The International Trade Commission (ITC) unanimously voted to recommend that President Obama impose tariffs on the import of Chinese tires for three years. The new administration will have until September 17 to decide what, if any, relief to provide based on the ITC’s recommendation. 
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