Gumtree was quite “sticky” overseas – the classifieds site attracted and held a lot of attention in the UK, Ireland, Poland, New Zealand, Asia, Australia, and South Africa. Gumtree, which is owned by eBay, will now have a chance to do the same in three American cities.
Greenspan and Snow Advise Against Tariffs on Chinese Imports
In a testimony to the U.S. Senate Finance Committee, Federal Reserve Chairman Alan Greenspan and Treasury Secretary John Snow advised against tariffs against China.
Bush Sets New Limits On Chinese Imports
The Bush administration is setting new limits on textile imports from China, causing trade tensions to rise even more between China and the United States.