Tariffs on Chinese Tires Will Hurt U.S. Consumers
    2009-08-06 09:47:03     Xinhua      Web Editor: Cao Jie
A Chinese delegation of tire producers warned Wednesday that the proposed U.S. tariffs on Chinese tire export will hurt the American consumers and cause job loss as well.
Audio

A Chinese delegation of tire producers warned Wednesday that the proposed U.S. tariffs on Chinese tire export will hurt the American consumers and cause job loss as well.

"We have filed much evidence demonstrating that Chinese tire imports do not injure the U.S. tire industry," the delegation said in a letter to U.S. President Barack Obama before a government hearing on this issue on Friday.

"The restriction of the Chinese tires cannot solve any problem faced by the U.S. tire industry, and it would hurt U.S. tire distributors and consumers," it said.

The U.S. Steelworkers Union, which represents workers at major U.S. tire manufacturers, filed a petition against China earlier this year for import relief and won a favorable ruling from the U.S. International Trade Commission (ITC).

The panel recommended Obama to impose a 55-percent tariff on the Chinese tire imports which would be reduced to 45 percent in the second year and 35 percent in the third before being removed.

The steelworkers asked for protection under Section 421 of U.S. trade law, which only requires petitioners to show that imports from China have disrupted the U.S. market.

"Chinese tire has not disrupted the U.S. market at all since our products are relatively lower ended and mainly for the replacement of tires," Xu Youming, a representative of Chinese tire producers told Xinhua, "The U.S. tire makers do not produce these types of tires."

"I think limiting trade in fairly traded goods is protectionism. It would contradict recent pledges by the United States to avoid protectionism and to work in cooperation with China to promote trade," said Mary Xu, deputy secretary general of the China Rubber Industry Association, who led the delegation to Washington.

The ITC said it submitted an investigation report to President Obama and the U.S. Trade Representative (USTR) Ron Kirk last month.

The USTR hearing would be the final event in the investigation before Obama rules on the ITC recommendation.

The USTR will submit its remedy recommendation to Obama by September 2, and the president is supposed to make a decision within 15 days after receiving it.

The U.S. trade authorities said Wednesday that this case is seen as a test for Obama's trade policy.

The president's decision will tell the world if he believes his own rhetoric about the dangers of protectionism in a weak global economy, The Wall Street Journal said in a report on Tuesday.

Share

               


CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. No person, organization and/or company shall reproduce, disseminate or broadcast the content in any manner whatsoever without the express written permission of CRIENGLISH.com.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

 
Audio Reports more »
Biz Life more »
Policy more »
Markets more »

News
China
World
Politics
Business
Sports
Showbiz
Sci-tech
Photo
Recommended
China
World
Sports
Showbiz
Travel
Video
C4
The Sound Stage
Showbiz
Travel
China Revealed
My Chinese Life
Travel
Destinations
Photo Gallery
Recommended
Learn Chinese
"In" Chinese
Chatting in Chinese
Pop Culture
Traditional Culture
Living Chinese
Chinese Studio
Chinese Class
Learn English
Special English
Pop Chart
Everyday English
Fabulous Snaps
CRI News
China.org.cn  | Xinhua  | People's Daily Online   |  CNTV.cn  | China Daily  |  Global Times  | China Job  |  China Tibet Online  | Taiwan.cn  | eBeijing  | Beijing Today  | China-Eurasia Expo  | APEC Yiwu Conference  | Chinese Embassy in S.Africa  | Chinese Embassy in Australia  | Chinese Embassy in NZ