Tire tariffs directed against China are not going to significantly raise prices in the low end market. It just means the production will go elsewhere, to a competitor of China. Vietnam or Mexico are two prime locations. There is virtually no chance production will return to the U.S. - wages are just 'too high', even in Alabama.
This was Obama's shot-across-the-bow to China, with whom the U.S. is negotiating on a wide range of issues. A big one right now is the attempt to cobble together a G2 solution on greenhouse gas emissions. It was a geopolitical move, not a protectionist one in the fullest sense.
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