Congressman Tim Ryan is trying to level the playing field for U.S. companies against Chinese imports. This week he sent a letter to leaders in Washington urging action against Chinese currency manipulation.

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Comments

justsayin - 3/10/2010 2:11 PM

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Currency manipulation? How about labor manipulation! It doesn't really matter what their $ is worth when they adhere to slave labor tactics. The US will never be able to compete with those costs. BTW, luvmyusa, you hit the nail right on the head. Hope this country wakes up and resets the system this November, across the board.

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db2sub1 - 3/10/2010 7:47 AM

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It's called dumping and has been against American Trade Laws for thirty years. WE NEED TRADE LAW ENFORCEMENT AND IMPORT TARIFFS DESPERATELY. True, initially our prices will raise, but then will decline as competition comes into play. Without tariffs we will never again regain the manufacturing base that created the middle class and made America the most powerful country in the world. I recently spoke with a Norwegian who informed me that a new Mustang GT costs $200,000 in Norway due to their auto tariffs. To date, only one has been sold; to the president of their Mustang Club. Other countries protect their home markets and home industries with trade laws (tariffs); why don't we? (hint... lobbyist payoffs)

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Popeye - 3/9/2010 8:19 PM

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luvmyusa could have put it better

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luvmyusa - 3/9/2010 6:23 PM

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They put a 30% tariff on Chinese tires at the beginning of the year. Tire companies used that to raise the prices on their tires by 30%. My last set of tires cost $100.00.00 more than they should have. Tim Ryan should stick to what he knows best. Taking $60,000.00 from special interest groups to keep his worthless hide in office.