Posts Tagged ‘China’

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    “Made in the USA”

    Jul 2, 11 • 292 Views • No Comments

    According to USA Today, “The two ‘most American’ cars are Japanese.” Cars.com has an American-Made Index. Ranking vehicles by sales, where they are made, and the origin of their parts, they concluded that the Toyota Camry is the most...  [read more]

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    Trading Places

    Jun 14, 11 • 276 Views • No Comments

    A switch has taken place. More than half of our imported goods used to come from the G-6 countries (Canada, France, Germany, Italy, Japan, the U.K.) Now, we import more from China, Mexico and Brazil. Specifically, in 1987, 55% of U.S. merchandise imports came...  [read more]

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    The Story of a Candle Tax

    May 6, 11 • 731 Views • No Comments

    Our story begins with one 1986 tax, an “antidumping duty,” on Chinese candles. Responding to very low Chinese candle prices, the U.S. decided to protect domestic candle producers. By 2004, the tax was huge. More than 100%.  Also, candle...  [read more]

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    Yak Herders

    May 3, 11 • 294 Views • No Comments

    Demand is soaring for yartsa gunbu, a “nutty tasting fungus” from China’s Tibetan Plateau and similar Himalayan regions in Nepal and Bhutan. Reputed to have cancer fighting capability, aging retardants, and libidinal qualities, the fungus...  [read more]

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    Medicare Math

    May 1, 11 • 249 Views • No Comments

    The ratio is 3 to 1. The “3” is how much Medicare recipients are receiving. The “1” is what they paid. Still though, you can see from this NPR report why most people call Medicare an entitlement. According to a study from the Urban...  [read more]