• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Why Obama Needs to Be Tough on China: Opinion

MoGal

Well-known member
Your article didn't mention the tariff amounts and according to this one, its already set.

http://whitehouse.blogs.foxnews.com/2009/09/12/obama-concedes-to-union-in-trade-tariff-decision/

President Obama earned his union stripes with his decision to level tariffs on Chinese tire imports into the United States. Some big questions remain: will the Chinese retaliate? Will the action actually save American jobs? And perhaps most importantly for the White House, will conceding to the Union – a major campaign supporter – help in the President’s push for health care reform?

In a late Friday night announcement, the White said the President would,” remedy the clear disruption to the U.S. tire industry based on the facts and the law in this case,” by imposing a a 35% duty on passenger vehicle and light truck tires.

The United Steel Workers Union, which represents US tire workers, won an International Trade Commission (ITC) ruling that called for 3 years of tariffson Chinese made tires, starting at 55% and falling by 10% each of the next two years.

While the President is imposing a 35% tariff which reduces to 25% by the third year, the Union is nonetheless pleased.
 
Top