September 02, 2009

Obama to Decide on Chinese Tire Duties

The office of the US Trade Representative has sent its recommendation to President Obama on countervailing duties on imports of Chinese tires for Obama's decision. The report was sealed so specifics of the recommendation are not known but the quasi-federal International Trade Commission had previously suggested additional tariffs of 55% of value. The challenge on Chinese tires, reported on previously by Sinomania!, was brought by the United States Steelworkers union but is opposed by the US Tire Industry Association and American tire manufacturers and importers. Will Obama side with or against the USW? He must decide by September 17....

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