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U.S. to Take Action on Trade With China

Christine Detz |
September 19, 2011 | 7:17 p.m. PDT

Executive Producer

 

Photo courtesy Creative Commons
Photo courtesy Creative Commons
Tuesday morning may bring a change in the way the United States does business with China.  Reuters reported Monday night that US trade officials are set to announce a “major trade enforcement action” against China.

US Trade Representative Ron Kirk will announce the action during a press conference.  No further information or details about the enforcement action have been provided.

China is the number one supplier of imported goods to the US, accounting for a little more than 19 percent of all imports into the country. The trade deficit with China was $273 billion in 2010 according to the United States Trade Representative’s Office of China Affairs.  The import of Chinese goods has increased by 841 percent since 1994.

 

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