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October 6, 2008 6:25:06 AM CDT

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Stories related to: US imports

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4 Stories

  • August 2008

    • China Overtakes US as Top Market for Japan Goods

      MarketWatch  |  Aug 21, 08 3:21 PM CDT

      China Overtakes US as Top Market for Japan Goods

      (Newser) - China imported $11.8 billion in Japanese goods in July, MarketWatch reports, barely surpassing the US as the world’s largest importer of products and services from Japan for the first time. The 11.5% drop in shipments to the US was the 11th consecutive month of declines; exports to China rose 16.8%, and shipments to Western Europe rose 4.1% More »

      Tags

      China  • Japan  • United States  • exports  • US imports

  • April 2008

    • Skyrocketing Yuan Hits Benchmark

      New York Times  |  Apr 10, 08 2:34 PM CDT

      Skyrocketing Yuan Hits Benchmark

      (Newser) - For the first time since China unpegged its currency from America’s in 2005, a dollar bought less than 7 yuan at closing today in Beijing, the New York Times reports. Western countries protested for years the yuan was undervalued; its meteoric rise means Chinese goods are getting more expensive in the US—raising inflation fears. More »

      Tags

      Henry Paulson  • US dollar  • weak dollar  • global economy  • Chinese economy  • yuan  • US imports

    • Asian Inflation Zapping US Pocketbooks

      New York Times  |  Apr 8, 08 4:12 AM CDT

      Asian Inflation Zapping US Pocketbooks

      (Newser) - Cheap Asian imports have helped keep American inflation down for decades—but those days appear to be over, the New York Times warns. Rapidly rising costs of fuel, food and labor in countries like China, Vietnam, and Taiwan are beginning to be passed on to their export markets, just as the American dollar weakens and recession looms. More »

      Tags

      China  • inflation  • US dollar  • Vietnam  • exports  • Asia  • US imports

  • February 2008

    • Trader Joe's Cuts Chinese Food Imports

      Los Angeles Times  |  Feb 12, 08 8:36 AM CST

      Trader Joe's Cuts Chinese Food Imports

      (Newser) - With customers worried about the safety of food imported from China, Trader Joe's said yesterday it will withdraw garlic, frozen spinach, and other “single ingredient” items from its shelves by April 1, reports the Los Angeles Times. The discount gourmet retailer will continue selling items made with ingredients from China. More »

      Tags

      agriculture  • food safety  • China food exports  • US imports

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