Yahoo! News - China, U.S. Tit-For-Tat Trade Spat Grows
Look for more of this as the election heats up next year. The sucking sound that Perot spoke about was not Mexico but China. There's really no way to stop it with consumer good retailers depending so highly on China. Wal-Mart as I've said imports 10% of all of China's exports. So much for the "Bring the Jobs Home" Slogan
that Wal-mart ran a few years ago. When you promise everyday low prices there's only one way to deliver: China!