Obama to impose tariffs on Chinese tires

Stop the socialisms!!!

Free trade with Chinna!!!

I just got back from the tire store and found out about this 35% tax on chinese imported tires taking affect on Sept. 26. So I decided to try out that little 'search' thingy up in the corner to see if this really slipped under my radar andf found this really short thread. Did another little search and found this-
=======================================================
thehill.com...

Obama hits China with steep tire tariffs
By Ian Swanson - 09/11/09 10:56 PM ET
The White House late Friday announced it would impose high tariffs on imports of Chinese tires in a case seen as the first test of trade policy under President Barack Obama.



A 35 percent duty will be set on the tires from China for a year, followed by a 30 percent tariff for a second year and a 25 percent tariff for a third year. The tariffs come in addition to a 4 percent tariff already applied.

The petition for the tariffs was brought by the United Steelworkers union, which argued that increased imports from China had led to the closure of U.S. plants and elimination of U.S. jobs.

Labor groups had urged Obama to impose the relief, which represents the first time a “safeguard” mechanism approved by Congress in 2000 has been used. The safeguard was included in a law that provided China with more favorable trade terms when it joined the World Trade Organization. Former President George W. Bush rejected several petitions during his presidency.

Importers and several companies that manufacture tires along with the Chinese government had urged the White House not to impose the higher tariffs. Several major tire companies, including Goodyear and Firestone, import tires from China and did not support the petition from the steelworkers.

The decision is likely to be criticized by China and other international trade partners. It comes less than two weeks before Obama is to host a summit of world leaders in Pittsburgh known as the G20. At a previous G20 meeting in London earlier this year, Obama and other leaders pledged to not take protectionist measures amid the global recession.

The announcement was made in a release sent out by the White House press office at about 9:30 p.m. Friday night, a time when news is sometimes “dumped” in the hope it will attract less attention.

Obama was not quoted in the statement from White House press secretary Robert Gibbs, who said the president had decided to remedy a “clear disruption” in the U.S. tire industry.

The steelworkers petition arrived at Obama’s desk after the International Trade Commission, a quasi judicial body that considers the petitions, recommended that he provide relief. Under U.S. law, the president can accept the ITC’s recommendation or reject the petition. Obama had until Sept. 17 to make a decision.

U.S. Trade Representative Ron Kirk said that by imposing the relief, the administration was enforcing U.S. trade laws.

“When China came in to the WTO, the U.S. negotiated the ability to impose remedies in situations like this one,” he said in a statement “This administration is doing what is necessary to enforce trade agreements on behalf of American workers and manufacturers.”

Groups representing importers blasted the decision.

“We are certainly disheartened that the president bowed to the union and disregarded the interests of the thousands of other American workers and consumers,” said Marguerite Trossevin, a counsel to the American Coalition for Free Trade in Tires.

Several House Democrats who in the past had urged Bush to grant relief to groups that had sought measures to restrict imports from China hailed the move.

“The American tire industry lost more than 5,000 jobs since China flooded our market with cheap tires and stood to lose thousands more without this corrective action,” said Rep. Charles Rangel (D-N.Y.), chairman of the House Ways and Means Committee.

Rep. Sander Levin (D-Mich.) said the action was an important step in a new trade policy.
======================================================

My thoughts are from above-

“We are certainly disheartened that the president bowed to the union and disregarded the interests of the thousands of other American workers and consumers,” said Marguerite Trossevin, a counsel to the American Coalition for Free Trade in Tires."

I feel that Obama did this for his own agenda to push his health bill by 'buying' the American Steel Workers Union vote.

"Importers and several companies that manufacture tires along with the Chinese government had urged the White House not to impose the higher tariffs. Several major tire companies, including Goodyear and Firestone, import tires from China and did not support the petition from the steelworkers"

These are two major 'American' corperate giants that have structured their corperations around these imports. Let's look at a senario-

$200 tire now cost $270 plus more sales tax, dang-near 50% of what one tire used to cost and we, the American People', pay it which means more money out of pocket from our existing budget. Tires are a modern nessesity which have to be purchased. We now run into trouble paying the bills and the house payment. The common man now goes into more debt and struggles even harder and has to re-structure his budget to stay afloat so inevitively something has to go. What is it? The house payment? The car payment? Utilities?
Now I understand that it's our fault for having such high labor cost and theirs for trying to make more money which is after all, what buisnesses are suppose to do. But we're not talking about a couple of 'mom's and pop's' outfits here. Their existance is due to importing from China. Now I'm not saying this is right or wrong but the truth of the fact is it is. Their stocks are going to drop and we all know what kind of 'trikle-down effect' that will cause.
It seems that everytime we,The People, start to see daylight, some politician shoves us back into the dark. Who's really getting screwed? China or the common American People? Another thought- Do Politicians even buy tires?

One last note-
The announcement was made in a release sent out by the White House press office at about 9:30 p.m. Friday night, a time when news is sometimes “dumped” in the hope it will attract less attention.

Just great, there they go sliding things under the table again!

[edit on 21-9-2009 by geo1066]

[edit on 21-9-2009 by geo1066]

Their stocks are going to drop and we all know what kind of 'trikle-down effect' that will cause.


I forgot to add that these 'Giants' may be able to come out of this- We still have 'Bail-Out' money left!

Just great!

reply to post by geo1066


Although i can understand your feelings on this subject, and i am aware that Obama's reason was to further his agenda for healthcare reform, i still believe that imposing the tariffs can be a good thing for this country if the tire companies do what needs to be done.

American companies should be manufacturing their goods on American soil using American workers, not importing foreign goods. The importing of foreign goods, outsourcing of jobs, etc is a big part of why this country is in the mess that it's in right now, why we have no jobs.

While it's true that some workers demand too much money and it hurts the manufacturers by driving up costs making it hard to compete with foreign goods, the lack of or low tariffs on imported goods does just as much if not more damage. We need something to even the playing field a little bit.

The economy and jobless rate is so bad in this country right now that Firestone and other companies can use this opportunity to hire workers that will work for fair pay, (and believe me there are many right now) which will in turn allow them to keep, or lower the prices they have now and be able to better compete with foreign manafacturers. They will no longer have to import foreign goods to compete, they will be able to put Americans back to work and the whole country can benefit.

I would much rather pay $200. for a set of tires made in America by Americans instead of paying the same amount, or $20. less for a set made in China. We need to get this country back on it's feet, and while it may hurt our pockets some in the begining it will benefit us all in the long run if it's done properly.

Oh I agree with you that we have to do something, but it's taken years and years of deregulations to get us into this mess and for these major corperations to 're-structure' "ain't gonna be cheap!"-

Originally posted by chise61
reply to post by geo1066

 

I would much rather pay $200. for a set of tires made in America by Americans instead of paying the same amount, or $20. less for a set made in China. We need to get this country back on it's feet, and while it may hurt our pockets some in the begining it will benefit us all in the long run if it's done properly.

...Sounds like we're going in for chemo-therapy...."you're gonna get real sick and your hair may fall out but this will make you feel better in the long run..." It's just pathetic that our corperate greed, which we the consumers support, has gotten so far outta wack to be the cause of our own demise.

[edit on 23-9-2009 by geo1066]

reply to post by geo1066


Sorry it took so long to reply, my internet's been down, just got the problem fixed tonight.

...Sounds like we're going in for chemo-therapy...."you're gonna get real sick and your hair may fall out but this will make you feel better in the long run..." It's just pathetic that our corperate greed, which we the consumers support, has gotten so far outta wack to be the cause of our own demise.

You're absolutely right, and now it's up to us to change our tune and make sure that they know we mean business. We will pay dearly, but we need to turn this country around, the corporate greed must come to an end. Americans need to go back to work, enough is enough we have to stop supporting these manufacturing companies and stores that are putting Americans out of work. There is one big chain store in particular that i refuse to shop at no matter how tight my money is.

Here's a little 'tit for tat'-

www.feedstuffs.com... &tier=3&nid=EF0F24B845654E6183F853C803BFCC02

China retaliates against American poultry for new US tire duty

The single largest U.S. poultry export to China is chicken feet and paws, which are highly valued on the Chinese market and can command prices from $0.60 to $0.80 per pound. Conversely, chicken feet and paws have very little value on the U.S. market as a food product and are sold for rendering at pennies per pound," the industry association explained.

Now what are we going to do with all of these 'chicken feet'?

[edit on 1-10-2009 by geo1066]

Originally posted by geo1066

Now what are we going to do with all of these 'chicken feet'?

Paws?

As far as the feet....

Grind them up and add them to fertilizer.

reply to post by geo1066


I can't get your link to work so i can't read the story. But somehow i don't think that China refusing to buy our chicken feet will bring us to our knees. If they want to retaliate fine, but they were going against an agreement so the tariffs were raised, we have to do what we can to get ourselves righted again.

reply to post by chise61

China retaliates against American poultry for new US tire duty

[edit on 2-10-2009 by geo1066]

I know this is a 'no-no' but you are correct, I could not get the article to come up with the link I provided so here it is-

China retaliates against American poultry for new US tire duty

(9/14/2009)
Ian Elliott

It took China's Commerce Ministry less than 48 hours over the weekend to start retaliating for what they previously warned was a risky proposal before the US government to slap punitive "safeguard" tariffs on imports of Chinese tires.

At the end of the business day on Friday, Sept. 12, the Obama Administration announced it will go ahead with the tariffs, adding 35% to the duty on Chinese tires starting September 26.

United States Trade Representative Ron Kirk said September 11: "When China came in to the WTO, the U.S. negotiated the ability to impose remedies in situations just like this one. This Administration is doing what is necessary to enforce trade agreements on behalf of American workers and manufacturers. Enforcing trade laws is key to maintaining an open and free trading system."

Two days later, China started to show its displeasure with Obama's decision.

"China launched anti-dumping and anti-subsidies investigations into some automobile and chicken products originally produced in the United States," a press statement posted on China's Ministry of Commerce website said on Sunday, Sept. 13.

"The probe follows complaints from Chinese manufacturers. They alleged the above products entered the country's markets with an "unfair competition manner," which "harmed domestic industries."

Both countries claim their actions are within their rights under World Trade Organization rules.

Despite official claims, by Monday, it was clear to the American poultry industry that it was about to pay the penalty for the US action against Chinese tires.

The National Chicken Council said the Chinese dumping probe is "unjustified." The US exported 436,544 metric tons of chicken worth $376 million to China in January through July this year.

"China's announcement is obviously in direct retaliation for the U.S. action in putting tariffs on tires made in China," the Council said in a statement issued in Washington, DC.

"Charges of dumping of poultry products are completely unjustified. Our companies engage in normal trade with China, not dumping. We believe chicken is being targeted by the Chinese because of the concerns they have expressed over the provision in the U.S. appropriations act that prohibits the U.S. Department of Agriculture from determining China's ability to ship fully cooked poultry products to the United States."

The USA Poultry & Egg Export Council insisted "U.S. poultry is not being dumped on the Chinese market."

"The single largest U.S. poultry export to China is chicken feet and paws, which are highly valued on the Chinese market and can command prices from $0.60 to $0.80 per pound. Conversely, chicken feet and paws have very little value on the U.S. market as a food product and are sold for rendering at pennies per pound," the industry association explained.

American industry said it is not being subsidized.

Last year China was the leading export market for US poultry and egg products. It imported nearly 800,000 metric tons of poultry in 2008 worth about $722 million.









Daily Commentary provided by Farm Futures, a sister publication of Feedstuffs

reply to post by geo1066

You should use the [ex] and [/ex] tags to show that the text is from an external source.

For long website addresses (that do not work on ATS) you can use something like TinyURL, I used to change that link to this short version.

Originally posted by SLAYER69
reply to post by ArMaP

 

With China ramping head long toward the largest per capita owners of automobiles it's just a matter of time before they dwarf our tire industry with a artificially low currency and mass production. Instead of us making money selling to that market we would get crushed by their cheap labor.

Exactly!

Since we export relatively little, it would be a good idea to leave WTO and have huge tariffs on ALL imports. People would buy less junk at Wallmart and it would be good for the environment, not to mention job creation.

reply to post by ArMaP


Yeah, I tried the 'ex/' on the post above my last and you see what happened but thank you for the info on 'tinyURL'. I'll try that next time I run into trouble.

Again thanks 'ArMap', I am always open to suggestions and advice.

High tariffs on fossil based tires is *thumbs up*.

This may lead to a new kind of plastic that is not made from fossil fuels. We'll see...

Mayhaps, GoodYear, FireStone, Dunlop and other USA OEMs complained about accessive loss of profits due to imported tires. Specifically Chinese exported models?

US Pres. Obama acted, my thought -- Bravo.

I still don't know how China became a MFN for all the dumping of stuff they continually export to both Canada and the USA?

Decoy