Wednesday, November 24, 2010

Trade practice threat to US manufacturing - from EPI

Comments on the USTR investigation of

China’s subsidies to green industries


Robert E. Scott
November 17, 2010

The United Steelworkers recently filed a petition with the U.S. Trade Representative, accusing China of illegally stimulating and protecting its producers of green technology exports, ranging from wind and solar energy products to advanced batteries and energy-efficient vehicles. After the USTR opened an investigation, EPI International Economist Robert Scott submitted the attached comments outlining how Chinese trade practices "pose a direct threat to the recovery of U.S. manufacturing." 

Recall:  As concerns for energy independence, climate change and other issues drive the sale of electric vehicles the demand for batteries made with rare earth compounds will climb even faster.

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