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Politics : HOWARD DEAN -THE NEXT PRESIDENT? -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (1258)	12/31/2003 1:59:43 PM
From: Nikole Wollerstein	Respond to of 3079

""It's not USA's responsibility to keep young women off streets in China. That's the duty of billions of Chinese people" I agree. I just want to introduce some unintended consequences of the "FAIR TRADE politics" Of course China will also place tariffs on US manufactured goods (USA exports to China rose 25% this year, Out biggest exports to China are food and industrial machinery.) As too currency manipulation latest data for 2003 show that China trade balance (Current account deficit) is essentially 0% That means that Chinese currency is fairly priced, it is US$ overpriced Happy New Year