host: nicholas lardy is a senior fellow at the peterson institute. he is also an author. thank you for being with us. coming up, john fund will be with us, and editorial board member of the "wall street journal." we will also be speaking to the editor of ted kennedy's book. now for a news update. >> tim geithner spoke earlier on "good morning america" and said the president is committed to the no middle-class tax increase pledge, adding that things are better but no recovery will be under way until jobs become more plentiful. as for military operations, the administration is holding off on deciding if more troops need to be deployed to afghanistan. this and several congressional members are expressing doubts about whether they can win there. meanwhile, admiral mullen will tell the u.s. why they should stay the course in afghanistan and commit to what he calls a properly-resource commitment. in iraq, the journalist to through his shoes at former president bush said he was tortured during his first few days in custody. the man was freed today after nine months in prison. af

and china with nicholas lardy from the peterson institute of international economics. at 8:30 eastern, john fund

-china trade with nicholas lardy. democrats line. republicans and independents can call-in. we are also on twitter, c-span and our e-mail address. let's go to our first caller for the segment. on the democrats line calling from milton, delaware. commack hello. good morning. i'm calling in reference to the import problems that we are having your. it has to do with the 1938 act that wherein coming into the united states level these penalties against imports that is detrimental to the united states. they are not doing that. so what is happening is that most shipments or imports are brain but into this country at a vast rate. they are assisted by the government and other countries, the same thing. the 1930s act used to love about to bring it back on a basis that was legal or beneficial to the united states or you are not doing that. so you have a falling goods coming in. the proper comedy outside investors are making. it does not come back to this country as revenue. it goes elsewhere. >> guest: is true that this action has been taken under a different provision. it's called a s

host: our guest is nicholas lardy, senior fellow at the peterson in this to us at the peterson institutefor international economics. first of all, refresh our memory about what happened last friday, when president obama decided to do. guest: president obama acted in response to a recommendation from the international trade commission, an independent government body that looked into the case brought by the steelworkers union, complaining about the substantial increase of import of chinese tires in the last three years. he put tariffs on for three years, a slightly lower level and the commission recommended. host: he was able to do so because of a specific ability countries have to do with china and that way. this is the law that allowed that specifically to deal with china. guest: that is right. china agreed to a provision that no other country agreed to, which allows the united states and all other members of the wto to put restrictions on chinese goods if there is a surge of sales of chinese goods into a country like the united states. the key thing is, this is called a safeguard. the s

and china with nicholas lardy from the peterson institute for international economics.john fund of the "wall street journal" will assess the obama administration, and we will talk with jonathan karp, editor of the late senator kennedy's memoirs. "washington journal" is live on c-span every day at 7:00 a.m. eastern. a couple of live events to tell you about tomorrow morning. house democrats oppose the health care meeting that includes leaders of the american medical association, the american nurses association, and the aarp. that is on c-span3 at 9:00 p.m. eastern. hear on c-span, federal reserve chairman ben bernanke at a broking institution for more on the state of the financial markets. that is at 10:00 a.m. eastern. the independent federal commission on wartime contract and held a hearing monday on the state department's direction and oversight of the security contractor for the u.s. embassy in kabul, afghanistan. the securities firm former group recently fired eight guards after allegations of lewd behavior and sexual misconduct. the commission hears from state depa