- Aug 6, 2012
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Let's get this number up to 75 or 80%. I had already been a little more attentive to products made in China, since the virus ad their public comments about America, I'm quite vigilant. The communist party needs to pay a steep price.
When people talk about the West "blaming" foreigners, I just shake my own head and might gently suggest they shake their owns. It's about the government of China and their lies, not racism. A word that increasingly has far less meaning of late.
It’s not quite a new Cold War yet. Just the cold shoulder.
Some 40 per cent of Americans said they won’t buy products from China, according to a survey of 1,012 adults conducted May 12-14 by Washington-based FTI Consulting, a business advisory firm. That compares with 22 per cent who say they won’t buy from India, 17 per cent who refuse to purchase from Mexico and 12 per cent who boycott goods from Europe.
The poll also found: 55 per cent don’t think China can be trusted to follow through on its trade-deal commitments signed in January to buy more U.S. products; 78 per cent said they’d be willing to pay more for products if the company that made them moved manufacturing out of China; 66 per cent said they favour raising import restrictions over the pursuit of free-trade deals as a better way to boost the U.S. economy. For observers of trade policy, that last point is striking because a large majority in the U.S. have traditionally shunned protectionism. According to Gallup, almost four-fifths of Americans embrace international commerce as an opportunity rather that a threat, a number that’s steadily risen over the past decade.
After two years of tariff wars and now the scourge of a coronavirus that originated in China, it’s hardly surprising to see some souring of U.S. public opinion about the country’s main economic rival. But the degree of the shift and the timing of it — less than six months before a presidential election — may mark a sea change in the electorate. It could embolden some of China’s harsher critics in Washington, with huge potential consequences for financial markets.
When people talk about the West "blaming" foreigners, I just shake my own head and might gently suggest they shake their owns. It's about the government of China and their lies, not racism. A word that increasingly has far less meaning of late.
Americans are giving Chinese-made products the cold shoulder
According to a recent poll, some 40 per cent of Americans said they won’t buy products from China, with nearly two-thirds in favour of raising import restrictions over the pursuit of free-trade deals as a better way to boost the U.S. economy.
www.thestar.com
It’s not quite a new Cold War yet. Just the cold shoulder.
Some 40 per cent of Americans said they won’t buy products from China, according to a survey of 1,012 adults conducted May 12-14 by Washington-based FTI Consulting, a business advisory firm. That compares with 22 per cent who say they won’t buy from India, 17 per cent who refuse to purchase from Mexico and 12 per cent who boycott goods from Europe.
The poll also found: 55 per cent don’t think China can be trusted to follow through on its trade-deal commitments signed in January to buy more U.S. products; 78 per cent said they’d be willing to pay more for products if the company that made them moved manufacturing out of China; 66 per cent said they favour raising import restrictions over the pursuit of free-trade deals as a better way to boost the U.S. economy. For observers of trade policy, that last point is striking because a large majority in the U.S. have traditionally shunned protectionism. According to Gallup, almost four-fifths of Americans embrace international commerce as an opportunity rather that a threat, a number that’s steadily risen over the past decade.
After two years of tariff wars and now the scourge of a coronavirus that originated in China, it’s hardly surprising to see some souring of U.S. public opinion about the country’s main economic rival. But the degree of the shift and the timing of it — less than six months before a presidential election — may mark a sea change in the electorate. It could embolden some of China’s harsher critics in Washington, with huge potential consequences for financial markets.
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