Last October, I posted an exchange between Dr. Russell Nelson and myself at his blog Cafe Hayek.
While I have no problem with trade, I still have a problem with the way China conducts trade with other nations, particularly the U.S.Recently, there have been a couple examples of why trading with an unethical partner is not smart or good business.
First was the Chinese toothpaste that contained anti-freeze. Not exactly good for either your dental or total health.
Now there are Chinese tires that simply fall apart. It seems that once the Chinese were able to get a safety certification for their tires, they changed the content... so much so that they never would have been certified. It seems that the importer may have to bear the cost of recalling all of the tires. The importer wants our government to help pay for the recall or it will go bankrupt.
Let's see... the importer brings in cheap, shoddy tires from China that puts U.S. workers out of jobs and endangers Americans who buy the tires... then wants the U.S. taxpayers who are already footing the bill for the out-of-work employees to help pay for the recall of the tires that put the Americans out of work and endangered other Americans.I think not!
..