Word: steels
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...Russia trade relations are wobbling on a greasy pair of "Bush legs"--that's what the Russians call the chicken drumsticks that have been a popular U.S. product in Russia since the first Bush Administration. As the White House moved toward imposing tariffs on foreign steel in early March, Russia revoked licenses to import U.S. poultry and made the ban effective March 10. Its official beef? Antibiotics and additives used by U.S. poultry farmers may be O.K. for Americans but are too foul for Russians. More likely, the blow to the U.S. poultry industry's $600 million annual sales...
...cover story, Daren Fonda argues that imposing tariffs on imported steel would dramatically increase domestic steel prices and cost thousands of U.S. jobs in steel-using sectors. Unfortunately, the article cites only studies funded by groups opposing the tariff, including foreign steel-mill interests. Many prominent economists, including Robert Blecker of American University, believe that a strong tariff will not result in significant price increases or any job losses. Without an adequate tariff, Blecker argues, the U.S. economy stands to lose more than 300,000 jobs. The President should not bow to the pressures of foreign importers who are profiting...
Some U.S. timber producers falsely claim that Canadians subsidize their timber sales. U.S. producers have persuaded the Bush Administration to impose substantial duties on Canadian lumber imports. As a result, American consumers pay more for lumber and housing. We ask ourselves, as do the consumers of steel, where is the free trade we heard so much about in the campaign? --GARY W. DONNELLY President National Lumber and Building Material Dealers Washington
Being a responsible journalist, I steel myself for another night of barhopping. The city's best drag runs down Huanshi Dong Road, around the Garden Hotel. I pick out the Hill Bar, tel: (86-20) 8333-3998 ext. 3913, and Gypsy King, tel: (86-20) 8387-5177. Decorated with a Hard Rock Caf? starter kit, the Hill should have been unforgivably cheesy but has a friendly vibe that somehow mixes classic rock and Canto-pop without imploding. The Gypsy King, where the locals come to see and be seen, is bathed in scarlet light and packed with a mixed crowd...
...keep the siege going. Recently, both factories were shut down. Shi Jian, the ceramics factory workers' leader, went into hiding after receiving threats to his life. In February 1999, he returned home to visit his nine-year-old son. Unknown assailants savagely beat him, fracturing his skull with steel bars and plunging knives into both legs. Today a jagged red scar encircles his head like a crown. That attack broke the labor movement in Henan. Today, just one factory in the province remains occupied by workers...