Archive for September 14th, 2009
Trade War Burnout
President Obama’s recent 35% tariff on Chinese tires is prompting a lot of fuss over a possible trade war. It is true that this move is drawing scrutiny from Chinese officials and free trade activists alike, however it is unlikely that a protectionist trade war will emerge from this scenario.
The market is simply not taking [...]
Posted: September 14th, 2009 under Autos, China, Obama, The First Year, Trade Policy.
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