Category: Protectionism
Obama puts Tariff on Tires from China
September 11th, 2009, No Comments
Obama’s Protectionist colors shine through at last, so much for all his talk on free trade…. Feeling pressure from the United Steelworkers Union, Obama has caved in and will put a ‘temporary’ tariff on Chinese tires. This is the first case I’ve heard of Obama directly inacting protectionist measures.
The tariff will amount to 35 percent the first [...]
