Finally, a President with the Guts to Enforce Trade Laws
When the US endorsed China entering the World Trade Organization the agreement was that if any of our industries were significantly disrupted, we could call “time out” and give those industries 3 years to adjust. In case after case President Bush refused to enforce this agreement as China took over one industry after another. Since we then had to buy what we used to make, our balance of trade deteriorated and we now owe China vast sums.
Now President Obama has signaled a new direction in America's trade policies by deciding to enforce the ITC's recommendation to impose tariffs on Chinese tire imports.
» Dave Johnson: "President Obama Enforces Trade Law In China Tire Case!"
» Leo Gerard: "Finally, a President with the Guts to Enforce Trade Laws"
» Dave Johnson: "Myths of Protectionism: Stories You Are Likely to Hear in the Wake of the China Tire Trade Tariff Case"
» Dave Johnson: "China Tire Case - Financial Times Op-Ed Says Tariffs Needed! Update - Reid Says Tariffs Needed"
» Mike Elk: "Washington Post Spreads Lie That Trade Enforcement Will Hurt Climate Change Agreements"
» Marcy Wheeler: "Why Auto Parts?" more »