Burning Rubber: Proposed Duties on Chinese Tires Whiff of Senseless Protectionism

Although the stew that is the U.S.-China trade relationship has the potential to reach a full boil, it has been on a low simmer since before the start of the financial crisis and subsequent global economic slowdown. Despite pork bans, poultry bans, a steady stream of antidumping and countervailing duty investigations, dispute settlement judgments from the World Trade Organization, accusations of currency manipulation, admonitions regarding China’s dependence on export-led growth, and China’s concerns about the impact of profligate U.S. government spending on its U.S. debt holdings, the relationship has held up fairly well. http://freetrade.org/pubs/FTBs/FTB-039.html

Is the President going to make a decision on what’s good for the country or what’s good for labor? Time will tell!