Tires, steel and paper products are among the items mentioned in the articles I have been reading.
(Tire, Steel and Paper Workers beware! Will this kind of action on the part of the Fed put your job into question? If it does, I believe you can thank Conservatism and it’s “Free Trade and Globalization” policies in my opinion. As I understand the World, and America and politics, it is the Conservative side that is always pushing for more and more “Free” trade. In my view, it cannot help but have negative effects on American Workers and their futures.)
So I guess what the sources I have been reading are telling me is that some of our Federal Judges believe it is alright for China to send these products into the United States at ridiculously-low prices so that our own Industries don’t have a chance to compete against them and thus put American Workers and their futures at risk. Is that a correct assumption or am I jumping the gun on this one?
When another country sends their exports into American Markets at prices so cheap they sometimes barely cover the cost of the materials required in their manufacture, is it any wonder that this causes American Industries to struggle for survival and that jobs can be lost as factories that can’t compete close their doors forever?
The idea of a nation manipulating the value of their currency to gain unfair advantages over world markets is not enough, I guess. Now we also have to swallow the idea that we cannot defend ourselves against cheap imports and the unfair competition they represent to American Labor?
My question immediately becomes, “When Federal Judges make rulings like this one, whose interests are they really serving and why?”
This is some scary stuff, folks and here is some more information about it:
http://economyincrisis.org/content/court-rules-against-u-s-anti-dumping-duties
Posted by John Liming (Strictly My Opinion)
December 27th, 2011 at 4:00 PM EST (USA)
