31. Low-price imports benefit hundreds of millions of consumers, but threaten a small number of domestic producers, driving them to seek cover from Congress. 32. Ma said China recently lifted a ban on corn exports to allow domestic producers to profit from high prices. 33. Losh told reporters GM is more interested in expanding in China through joint ventures than in buying stakes in domestic producers. 34. Moreover, many domestic producers compete with imports such as cars and consumer electronics from Asia. 35. Moreover, domestic producers could suffer from a flood of cheaper imports from the ailing Pacific Rim brought on by the strong dollar. 36. One option for the U.S. would be to change existing EPA regulations so that standards for foreign imports are the same as those for domestic producers. 37. One is imports, which have met the demand that domestic producers have been unable to supply. 38. Over the last few months, as the flow of imports to Russia has shrunk, domestic producers have made more to meet consumer demand. 39. So the EPA proposed to force some foreign producers to sell gasoline that was cleaner than some domestic producers were permitted to dispense. 40. Such imports put pressure on domestic producers to lower their prices -- and their revenue and profit. |