Trade War, What Is It Good For?


Well, it's good for US parts manufacturers. Although we really aren't talking about war, today the feds fired the opening shot over the bow of the manufacturing leviathan that is China. The US is upset over China slapping US manufactured auto parts with higher taxes than those paid by their domestic parts manufacturers. Interestingly enough, despite the domestic auto industry looking for movement on this for five years, this is actually only the first case where this administration has filed a manufacturing trade dispute through the WTO against China. I guess it makes sense that its taken so long. I mean come on, the auto industry...who are they? It's not like they represent more manufacturing might than any other industry in the country. Pshaw! SO not important!

U.S. filing trade case against China over auto parts [Detroit News]

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