Tag: US trade deficit

Barack Obama China trade surge clothing exchange rate exports financial crisis 2008-2009 Henry Paulson renminbi revaluation textiles trade deficit U.S. China business competition U.S. food supply U.S. oil U.S trade United States us-china relation Wang Qishan

U.S. Launches First Trade Probe of 2010 Against China

From Reuters: The U.S. government will investigate charges that Chinese companies are selling oil well drill pipe in the United States at unfairly low prices, the Commerce Department said on Thursday. It is the first U.S. trade probe of the year against China after about a dozen in 2009. The proliferation of cases in recent years has strained U.S.-China trade ties. The United Steelworkers union and