Paulson has beautiful lobby China tariff retaliation case is expected to run aground

Morning paper dispatch (reporter Liu Yinghua) this weekend is USA Senate deadline, Chinese retaliatory tariffs on products of the vote on the motion. However, under the USA Secretary Paulson's "talk", this plan is again likely to run aground.

Yesterday, as American to Chinese currency pressure "daring vanguard", Democratic Senator Schumer and Republican Senator Graham has made a "mild" statement, said it "has not yet decided whether to vote this week on the bill". And this "compromise", means that the Senate may vote delayed to November 7th USA after the mid-term elections.

USA Eastern time 26 day at eleven thirty in the morning, visit the return of Paulson and Schumer and Graham met. Previously, urged the two "hawks" members to recover the act shall not vote, has been placed in front of Paulson problem. However, a let Paulson gratified "signal" is, since last April retaliation case through a procedural vote in American Senate, was delayed to two vote. Schumer and Graham also began to vacillate in opposition.

Recently, American Consumer Electronics Association to Congress sent a letter to say, once the bill to implement, flat-panel TV prices will increase from the current $1295 to $1651, the price of a digital camera will increase from $299 to $381. America consumers will pay higher prices for Chinese commodity. In the last week of China during a four day trip, Paulson and China finalized to establish bilateral strategic economic dialogue mechanism, for the "China hand", ranging from the observation of new strategy implementation effect is hasty, it will only undermine Sino US economic situation.

In 2003, Schumer and Graham for the first time in the China "currency manipulation" name, requirements for punitive tariffs on all imports from Chinese products to 27.5%. The day before yesterday, two people were also published an article in the "Wall Street journal", expressed regret for China sluggish, and said "now is the time to USA action to send a strong signal to Chinese". But President of the U.S. - China Economic and Security Review Commission Ozer has commented that, Paulson's visit to China, oppose the legislation power is strengthening.