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
Showing posts with label tires. Show all posts
Showing posts with label tires. Show all posts
Saturday, September 12, 2009
Friday, September 11, 2009
Protectionism on the March?
The NYT is reporting that President Obama is making a change from the policies of his predecessor and imposing a significant tariff upon imported Chinese tires even though there has been no finding of "dumping". Click on U.S. Adds Punitive Tariffs on Chinese Tires for details.
Has the Administration "cleared" this with China?
There could be real, or faux, anger out of the Chinese.
Worth following.
Copyright (C) Long Lake LLC 2009
Has the Administration "cleared" this with China?
There could be real, or faux, anger out of the Chinese.
Worth following.
Copyright (C) Long Lake LLC 2009
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