When American’s are really struggling right now to make ends meet, why would the United States impose a tax on tires being shipped to the country? I mean, if we are really trying to give our consumers the opportunity to save and spend money, why, why would we tax something that they need?
“China strongly condemns this grave act of trade protectionism by the U.S.,” the spokesman for China’s Ministry of Commerce, Yao Jian, said in a statement issued on the Ministry website (www.mofcom.gov.cn) Saturday.
“This step not only violates the rules of the World Trade Organization, it is also contrary to the relevant commitments that the United States government made at the G20 financial summit.”
I am having a hard time understanding why we would impose trade restrictions that would endanger our relationship with China; one of our largest trading partners.
I should re-read this thing–be right back.
Oh, I see now:
The United Steelworkers union, which represents workers at many U.S. tire production plants, filed a petition earlier this year asking for the protection.
It said a tripling of tire imports from China to about 46 million in 2008 from about 15 million in 2004 had cost more than 5,000 U.S. tire worker jobs.
Forget I asked. These are not the droids you are looking for.