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The Obama administration has announced...that it is imposing tariffs on Chinese tire imports. The three-year plan will be have 35% tariffs the first year, 30% tariffs the second year, and 25% tariffs the third year. This was done at the behest of the United Steel Workers. Interesting that US tire manufactures are non-committal. China just announced a probe into the alleged dumping of American auto and chicken products. Didn't we go through the same thing before in '30 with the Smoot-Hawley Tariff Act. Bonker$, you remember that traiff act don't you? Cyclist's blog | login to post comments |