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Zalatix

(8,994 posts)
Fri Mar 9, 2012, 12:05 AM Mar 2012

Congress PASSES tariffs and duties law on Chinese imports, it sits on Obama's desk now! [View all]

Un fucking believable. Congress finally did it. They finally gave China the middle finger.

The fight is on. The revolution against the war on America's working class has finally been joined by Congress. Will it be joined by Obama, too?

http://www.reuters.com/article/2012/03/06/us-usa-china-trade-idUSTRE8251FA20120306

Bill targeting Chinese subsidies goes to Obama

By Doug Palmer
WASHINGTON | Tue Mar 6, 2012 6:25pm EST
(Reuters) - The House of Representatives on Tuesday voted 370-39 to ensure the United States can impose duties on subsidized goods from China and Vietnam, a move the White House said was needed to protect American jobs.

The bill, which overturns a recent court ruling, now goes to President Barack Obama to sign it into law. The Senate passed the legislation on Monday, in a rare display of bipartisan cooperation, just days after it was introduced.

"China distorts the free market by giving enormous subsidies to its producers and exporters, and our companies and workers should not be expected to compete against the deep pockets of the Chinese government," House Ways and Means Committee Chairman Dave Camp, a Michigan Republican, said during debate.

Vice President Joe Biden praised Congress for taking "a clear stand against the unfair trade practices that have put countless American jobs in jeopardy."

The Obama administration helped craft the bipartisan bill after an appeals court ruled in December the U.S. Commerce Department did not have authority to impose countervailing - or anti-subsidy - duties on goods from "non-market economies".

The decision endangered countervailing duties on about two dozen goods from China and Vietnam worth more than $4 billion in trade, as well as potential new duties in cases involving solar panels and wind turbine towers from China.

U.S. Commerce Secretary John Bryson said current duties protect tens of thousands of jobs at more than 80 companies in 38 states. They cover steel, aluminum, paper, chemicals and other goods from China and plastic shopping bags from Vietnam.

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This one is a big deal Ziggystrange Mar 2012 #1
I haven't heard news that Obama has signed it yet. My fingers are crossed. Zalatix Mar 2012 #3
The administration sent the bill to congress so I'm sure Obama will sign it. pampango Mar 2012 #8
This is long overdue. nt demosincebirth Mar 2012 #2
I thought this was an april fools thing a few weeks early: Too good to be true Populist_Prole Mar 2012 #4
I'm stunned...I'm speechless...except for, I gotta say... GReedDiamond Mar 2012 #5
Even the Teabaggers, at large, oppose globalism. Zalatix Mar 2012 #6
About Freakin' Time unionworks Mar 2012 #7
This is a nice election year gesture, but it covers only about 1 percent of US imports from China leveymg Mar 2012 #9
Baby steps first. Zalatix Mar 2012 #10
That's fine. But, some people mistook it for a Big Deal. Proportionate claims. Important. leveymg Mar 2012 #12
The key is to awaken America. Most of America is enraged at offshoring of jobs. Zalatix Mar 2012 #13
I don't think that revolutions get sparked in Senate Committees very often. That's usually where leveymg Mar 2012 #18
Ultimately, everything Manufactured or Produced in China or anywhere in the 3rd World is subsidized. bvar22 Mar 2012 #11
obama made this an issue in 2008 shanti Mar 2012 #14
Wow that is a big deal. Hope he signs it!!! nt TeamsterDem Mar 2012 #15
Unable to make up their own minds about what is right or wrong, Bonobo Mar 2012 #16
I don't see how this is a big deal. Selatius Mar 2012 #17
FYI ProSense Mar 2012 #19
Hoorah! Take THAT, globalists! Zalatix Mar 2012 #20
Spam deleted by OKNancy (MIR Team) hmmy786 May 2012 #21
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