Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
U.S. trade official submits Chinese tire case to Obama
+ -
11:30, September 03, 2009

 Comment  Tell A Friend
 Print Format  Save Article
The U.S. trade authority has submitted recommendation about the proposed tariffs on Chinese tire export to the U.S. market to President Barack Obama, a U.S. official said Wednesday.

"Our recommendation is due to the president by midnight tonight," an official from the Office of the U.S. Trade Representative (USTR) told Xinhua, but "the recommendation is confidential. The president has 15 days to make his final determination."

This case is seen as a test for Obama' s trade policy.

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 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.

The ITC said it submitted its investigation report to President Obama and the USTR Ron Kirk in July.

The USTR is scheduled to submit its remedy recommendation to Obama by Sept. 2. He is required to make a decision within 15 days after receiving it.

The president's decision will tell the world if he believes his own rhetoric about the dangers of protectionism in a weak global economy, according to a report from the Wall Street Journal last month.

Source:Xinhua



  Your Message:   Most Commented:
Being African among the curious Chinese
Australia's permission for Rebiya's visit chills bilateral ties
Three Beijingers jailed in US. Spies again?
Why India is pursuing military strength?
What is beyond the physical Line?

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90883/6747342.pdf