Page 3 - Trade Case News Today

China has rare earth materials inside their country. they have a corner on it. they have 97% of the all the rare earth minerals out there. they make it tough for other people to get access to it by changing taxes they have on exports for these materials. that makes thing very difficult for the rest of us who want to make devices like your cell phone or your flat screen television. that is one of the reasons why they also keep their products keeper -- cheaper than when we make them. the president...

And because of subsidies from foreign governments, some of their foreign competitors are selling products at an artificially low price. that needs to stop. this morning were taking an additional step forward. were bringing a new trade case against china and were bring joined by japan and some european allies. this case involves something called rare earth materials, which are used by american manufacturers to make high-tech products, like advanced batteries that power everything from hybrid cars...

gunning down 16 afghan men, women and children but the u.s. commander of multinational forces promises a full investigation by u.s. military authorities under u.s. law. and the u.s. defense secretary says that the death penalty is a possibility. leon panetta is in afghanistan now. all u.s. forces pass through there when they leave and enter afghanistan and told reporters and i told, war is hell and terrible events like this one on sunday are going to take place. well get live reports...

trucks, to pluck people from their homes and their cars. a bus filled with middle school students got stuck in four feet of water. more than 20 inches of rain came down in some areas. >> its more than we bargained for. we even had some local citizens that volunteered with their boats and came help do some rescues. >> theres still a flood warning for lafayette parish today. and the republican presidential candidates fighting for southern support. voting underway in the alabama and mis...

Lawmakers and union groups are urging president obama to restrict imports of auto parts from china. their claim, chinas exports of auto parts which have jumped during the past decade are driven by illegal chinese government subsidies. the manufacturing belt of the midwest is at risk unless something is done and it is on the desk of the president. im joined tonight by leo gerard, international president of the steel workers. good to have you with us tonight. the steel workers, i understand, have ...

Lawmakers and union groups are urging president obama to restrict imports of auto parts from china. their claim, chinas exports of auto parts which have jumped during the past decade are driven by illegal chinese government subsidies. the manufacturing belt of the midwest is at risk unless something is done and it is on the desk of the president. im joined tonight by leo gerard, international president of the steel workers. good to have you with us tonight. the steel workers, i understand, have ...

Restrict imports of auto parts from china. their claim? chinas exports of auto parts which have jumped during the past decade are driven by illegal chinese government subsidies. the manufacturing belt of the midwest is at risk unless something is done and its on the desk of the president. im joined tonight by leo gerard, international president of the steelworkers. good to have you with us tonight. the steelworkers, i understand, have filed a petition against these chinese trade policies. tell u...

The one and our union have to be the one to bring a trade case on that? our congress should do it, our senate should do it. >> i dont know why they dont do something about it. these numbers are staggering. every time we have some kind of an improvement it seems like china responds to cheat even more than they have been, or am i wrong on that? >> no, youre absolutely right on that. look it, we bought a 421 case on tires, and all the pundits said armageddon was going to hit. armageddon didnt hit b...