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On September 12th, US President BarackObama decided to impose a 3-year tariff onimported China-made tire. In the first year,it will be set at 35%, the second year 30%and the final year 25%. The US InternationalTrade Commission (ITC) proposeda tariff of 55%, 45% and 35% respectively.The US media judges that Obama strikes amiddle ground between satisfying his influentiallabor constituency while signaling tomuch-needed China that the U.S. values thebilateral relationship. And US PresidentObama is attempting to hold together theDemocratic majority in Congress in orderto pass his health care reform.As a response, China Rubber IndustryAssociation (CRIA), China Chamber ofCommerce of Metals, Minerals & ChemicalsImporters & Exporters (CCCMC),
On September 12th, US President BarackObama decided to impose a 3-year tariff onimported China-made tire. In the first year, it will be set at 35%, the second year 30% and the final year 25%. The US InternationalTrade Commission (ITC) proposeda tariff of 55%, 45% and 35% respectively. The US media judges that Obama strikes amiddle ground between satisfying his influentialboro constituency while signaling tomuch-needed China that the US values thebilateral relationship. And US PresidentObama is attempting to hold together the Democratic majority in Congress in orderto pass his health care reform. As a response, China Rubber Industry Association (CRIA), China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters (CCCMC),