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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (72487)	2/12/2010 1:33:34 AM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

When China joined WTO in 2001 it promised to eliminate export taxes (except for 84 specific items). The list exception includes eel fry and goat slabs, but not rare earth elements. That must be why they're hyping the environmental issue as an overriding justification for the threatened REE export cutoff. Presumably Brazil never promised to eliminate export taxes when it joined the WTO, so Lula may succeed with his export tax plans. If so this seems really bullish for Brazil, because it has both the physical resources and the human potential to develop them.