Congress wants a trade war: Bill would ban US from buying Chinese goods

06-19-2010 • RawStory.com

The prohibition would last until China, a World Trade Organization (WTO) member for nearly 10 years, signs on to the WTO's "Agreement of Governmental Procurement," enabling Washington to challenge Beijing's procurement rules.

3 Comments in Response to Congress wants a trade war: Bill would ban US from buying Chinese goods

Comment by Die Daily

Entered on: 6/23/2010 2:58:56 PM

Yes it could. Which is why I'm saying that it won't be allowed to happen.

Comment by Ross Wolf

Entered on: 6/22/2010 9:44:53 AM

Wal-Mart might purchases a lot of products from China. If legislation disallowed such purchases, Wal-Mart would have to reestablish manufacturing sources for products in other countries. If that happened abruptly, could it harm Wal-Mart economically?

Comment by Die Daily

Entered on: 6/19/2010 3:15:21 PM

Sabre rattling. Vote gathering. Demagoguery at its worst. It's a no-brainer that this will not happen. How do I know? Walmart exists, and it has all the clout on both sides of the fence.

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