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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (46617)2/12/1999 1:27:00 AM
From: SeaViewer  Read Replies (2) of 132070
 
The trend, of course, is not positive. Our trade deficits are soaring at the highest levels and rates ever.

I saw news that the US trade representative is urging China to join WTO. I remember about ten years ago, China was begging to join WTO and was denied repeatedly by US. So about 4-5 years ago, China declared that joining WTO was not the priority, and insisted to be treated as a developing country if it was accepted. So I am very surprised by this news. And I am even more surprised by the words used by the representative, i.e. "if China is not joining now, the window is closing." I guess a trading war is brewing. This time US is picking China, instead of Japan.

Just my opinion.

Jeff
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