China to raise tariffs on U.S. goods

[Socialist Christian]

http://www.reuters.co.uk/newsPackageArticle.jhtml?type=worldNews&storyID=406195§ion=news

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BEIJING (Reuters) - China will raise tariffs on some American imports, the Commerce Ministry says, in a step that comes just days after a fresh trade spat sparked by a U.S. move to cap imports of selected Chinese textiles.

"The Chinese side will raise import tariffs on some commodities imported from the United States and we are currently studying relevant plans," Vice Commerce Minister Ma Xiuhong told the official Xinhua news agency on Thursday.

Putting some distance between the announcement and the U.S. move on textiles, Ma said the new tariffs were in response to U.S. duties on steel imports enacted a year and a half ago -- duties that the World Trade Organisation (WTO) has recently ruled illegal.

She did not elaborate and a ministry spokesman said details of the new duties were still being worked out.

[Zech Marquis]

1. great way to wake up in the morning

China is going to slap us with import tariffs, which will mean even MORE US products just sitting around in warehouses=less moeny being made=more people here losing jobs.

[tsipple]

2. Oh, Great: a Trade War

And just in time for the holidays, too.

Let's see. What other swing state products can the Chinese now slap tariffs on (after the Europeans already did)? Hmmm...

[ender]

3. any farm exporting state....

is screwed.

[dusty64]

4. Another chimp

success story.

[NoKingGeorge]

5. Name the swing states that will be with us because of China.

We are going to landslide this pos back to crawford AND the sentiment will be so great that we will be able to indict his handlers, cHenney,rUmmy and wOlffy.