There’s no question that the US congress is a bit upset about the increasing role of China in world trade and the every-growing trade surplus. With the exception of the toy industry, we’ve yet to see much direction action from congress although the topic has been heavily discussed.
Both US democratic presidential candidates have also [...]
New Restrictions or Standards for Trade?
Published in February 20th, 2008
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China now Top Supplier to US
Published in February 19th, 2008
Posted by Admin in Trade Trends
It’s finally happened. Canada is no longer the top supplier to the USA. The US imported US$321.5 billion of merchandise from China in 2007 and only US$313.1 billion from Canada. The following quote encapsulates the issue:
‘No one thought China’s re-emergence would be as robust, rapid or consistent as it has been,’ former U.S. Trade Representative [...]
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