Saturday, September 12, 2009

More on the Obama Tire Tariff

Bloomberg.com has a thorough discussion of some of the facts involved in the 35% tariff that Team O imposed upon tires made in China (see EBR post immediately below). Per the article:

"Four U.S. companies have operations in tire production in China and they account for two-thirds of exports to the U.S."

Let us hope that the U. S. has not shot itself in the foot with this action.

Copyright (C) Long Lake LLC 2009

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