Wednesday, December 22, 2004

Limits on Chinese Imports Harm Low-Income Americans

Limits on Chinese Imports Harm Low-Income Americans
by Sheldon Richman, December 22, 2004
from The Future of Freedom Foundation

President Bush has a nice little Christmas present for every family struggling to make ends meet: he announced the other day that he will make clothing more expensive in the coming year by imposing limits on cheap imports from China. This little favor to American textile and apparel interests is a slap in the face to everyone of modest (and not-so-modest) means. It is also a blow to clothing retailers who tried futilely to block the president’s move.


Complete article...