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Trade,war between China and US? On Friday evening in Washington,President Barack Obama announced that the United States would levy tariffs of up to 35 percent on tires from China.China exported $1.3 billion in tires to the United States in the first seven months of 2009. China's commerce ministry announced Sunday that it would investigate "certain imported automotive products and certain imported chicken meat products originating from the United States"to determine if they were being subsidized or "dumped" below cost in the Chinese market.US shipped about $800 million in automotive products and $376 million in chicken meat to China The trade deficit of US with China was a record $268 billion in 2008.Trade war between China and US? On Friday evening in Washington, President Barack Obama announced that the United States would levy tariffs of up to 35 percent on tires from China. China exported $1.3 billion in tires to the United States in the first seven months of 2009. China’s commerce ministry announced Sunday that it would investigate “certain imported automotive products and certain imported chicken meat products originating from the United States” to determine if they were being subsidized or “dumped” below cost in the Chinese market. US shipped about $800 million in automotive products and $376 million in chicken meat to China The trade deficit of US with China was a record $268 billion in 2008
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