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US take aim at China to. Much happening right now! China take aim at the US! SHTF
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 23679728:MV8xOTkxODgxXzMzNDU4MDY1XzREMURDQkRD] [quote:khnum 455005:MV8xOTkxODgxXzMzNDU3MjY1XzE2RkEwRkU0] Expect to see a lot of knee jerk reactions to China buying petrol off Russia in Yuan not US dollars the world is slipping from us hands and Nero is in charge. [/quote] Please shut the fuck up with this bullshit. Nobody gives a fuck if they buy oil in Yuan. The Yuan is PEGGED TO THE US DOLLAR. [/quote]
Original Message
The Obama administration is set to launch a new enforcement action with the World Trade Organization against China on Monday, alleging that the Asian economic giant is putting U.S. manufacturers at a competitive disadvantage by illegally subsidizing exports of autos and auto parts.
The president, blending his roles as candidate and incumbent officeholder, will announce the move at the first of two campaign stops scheduled Monday in Ohio, a state where 1 in 8 jobs is tied directly or indirectly to auto manufacturing.
[
link to www.latimes.com
]
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