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02-02-2008, 06:16 PM #1
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China Inflation Spike Set to Rock U.S. Consumers
China Inflation Spike Set to Rock U.S. Consumers
Friday, Feb. 1, 2008 3:18 p.m. EST
We’ve seen cheap Chinese toys and food products flood U.S. shores. Now American consumers are seeing another, altogether unwelcome new export from China — inflation.
The price of Chinese goods sold in the U.S. is rising, the result of higher energy and raw materials costs, increasing regulation there and a declining dollar, according to a new report from CNN.
The price increase over the last year was only a "modestâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
Migrants Breach Fortified Border Barrier, March Through Texas...
05-16-2024, 08:20 PM in illegal immigration News Stories & Reports