home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   can.taxes      All that "free" healthcare has a price      23,408 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 22,817 of 23,408   
   Sharxster to All   
   Re: Sky-high Chinese tariffs block Canad   
   02 Jan 14 22:57:40   
   
   XPost: can.politics, can.ai, can.general   
   XPost: soc.culture.canada, can.atlantic.general   
   From: sharx35@hotmail.com   
      
   "none"  wrote in message   
   news:20140102-191032.973.0@none.shawnews.vc.shawcable.net...   
   > Sky-high Chinese tariffs block Canadian access to market.   
   >   
   > Jan 02, 2014   
   >   
   > Canada's trade deficit with China is widening amid a slowing of   
   > raw   
   > materials exports to China, while Canadians continue to import   
   > $50   
   > billion a year of Chinese products.   
   >   
   > According to Industry Canada, the 2012 trade deficit with China   
   > was   
   > $31.7 billion in 2012, four times the deficit a decade ago.   
   >   
   > Canada-China trade 2012   
   >   
   > Chinese exports to Canada   
   >   
   > Electrical machinery and equipment   
   > Boilers, mechanical appliances   
   > ?Furniture   
   > Toys and sports equipment   
   > Iron, steel articles   
   >   
   > Canadian exports to China   
   >   
   > Ores, slag and ash   
   > Woodpulp, paper   
   > Oilseeds, grains, fruit   
   > Wood, wood articles   
   > Fats, oils and waxes   
   > And while China exports manufactured goods, like electrical   
   > machinery,   
   > furniture and footwear, to Canada, it imports mainly raw   
   > materials.   
   >   
   > Currently the top Canadian exports to China by value are wood   
   > pulp, oil   
   > seeds and grains, ores, mineral fuels and oil.   
   >   
   > The Chinese market for Canadian-made manufactured goods is being   
   > blocked by a high tariff wall, which makes the cost of these   
   > products   
   > prohibitive for Chinese consumers.   
   >   
   > MO851, a Montreal-based maker of luxury leather goods, has opened   
   > a   
   > boutique in Beijing, hoping to cash in on the huge Chinese   
   > consumer   
   > market with a taste for luxury goods.   
   >   
   > A bag that retails for  $465 in Montreal, costs 90 per cent more   
   > in   
   > Beijing due to tariffs, taxes and luxury taxes.   
      
   Anyone paying more than, say $100, for a purse/bag, should have   
   their sanity questioned.   
   I'm all for putting huge import duties on luxury goods. I don't   
   blame any government for putting high tariffs or   
   other taxes on luxury/unnecessary items, e.g. the more expensive   
   the car, recreational boat, etc., the higher should be the RATE of   
   tax on it.   
   Bottled water should have a $1 a bottle tax on it, to discourage it   
   use as 99.9% of Canadians have access to BETTER and SAFER public   
   water.   
      
      
      
      
      
      
   >   
   > Jim Stanford, an economist for the CAW, now part of Unifor, says   
   > the   
   > result of high tariffs is a loss of jobs to Canadians.   
   >   
   > "It is incredibly frustrating that these policies which are very   
   > advantageous to China have really curtailed our ability to export   
   > to   
   > China," he told CBC News.   
   >   
   > Chinese products face no such tariffs as when they are imported   
   > to   
   > Canada, despite undercutting many Canadian-made goods.   
   >   
   > China's tariffs have been a key irritant in trade with the EU and   
   > North   
   > America but are allowed through China's deal with the World Trade   
   > Organization.   
   >   
   > For Canadian manufacturers, they can mean a bewildering welter of   
   > red   
   > tape that blocks access to the market.   
   >   
   > One of the hopes out for the TransPacific Partnership, a trade   
   > deal   
   > currently under negotiation, is that the trading block would be   
   > powerful enough to force China to reduce its tariffs.   
   >   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca