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Re: stock_peeker post# 126

Monday, 06/13/2005 10:13:46 AM

Monday, June 13, 2005 10:13:46 AM

Post# of 607
Seems like this is a shot across the bow by the US towards China. I don't disagree that the yuan is artificially low, but letting it float freely isn't in the cards for quite a while. Perhaps China will start to let it rise a bit by next year, but I think this tariff proposal is really counter-productive. Doesn't anyone remember one of the primary causes of the Great Depression?

Here's a decent article in the SF Chronicle that answers some questions about what could happen next:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2005/06/12/BUG87D71RT1.DTL&typ...