Word: slapped
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...President Barack Obama on the sidelines of the U.N. General Assembly in New York City before heading off to Pittsburgh, Pa., for the G-20 summit on Sept. 24-25. This is what a more relaxed Hu might say to Obama, whose first major decision on trade was to slap a 35% tariff on tires produced in China - an action that generated a flurry of stories in the media about the possibility of a U.S.-China trade...
...Until now. A widening trade dispute threatens to ratchet up tension in the China-U.S. relationship, with potential consequences for the entire world economy. The spat began on Sept. 11, when the Obama Administration announced it will slap tariffs of as much as 35% on Chinese-made tires, effectively pricing them out of the low end of the American market. Two days later, China's Ministry of Commerce said it would start antidumping investigations against imports of some U.S. chicken products and auto parts. Though the ministry's announcement made no mention of the tire tariffs, the timing...
...Arguments over the cap and trade system, as it is known, and especially its effectiveness compared to a carbon tax, have fizzed for years. Both mechanisms slap a price on emissions, and urge those affected to invest in more efficient uses of energy. Critics of taxes say that they're open to fluctuation and that certain industries can win exemptions, undermining a tax's efficacy. Opponents of cap and trade systems, meantime, level similar charges. This much is sure: while taxes might fix the short-term cost of emitting CO2, helping homes and businesses figure out how much to invest...
...probably gotten at least one email from this legend of the Ivies--shaming you into filling out that last Q guide evaluation form or threatening to slap you with a hefty $50 late registration fee if you try to squeeze in one last day out of your summer vacay...
...Boffo affair, which on the surface ended in apparent victory for the Prime Minister and as a slap against the Catholic Church, could nevertheless backfire on Berlusconi. The impression that he is now out for blood - and that no one is safe - may convince top Catholic politicians to abandon the Prime Minister despite his support for their legislative priorities on gay partnerships and euthanaisa. "There's a limit to everything, and once you go beyond the limit, things get dangerous," says one influential Catholic editor. "These incidents that spread chaos, scare everyone. The situation now is very fluid." Nonetheless...