American Tire Tariffs against China: What We can Learn from Poor Policy
American Journal of Trade and Policy
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Title |
American Tire Tariffs against China: What We can Learn from Poor Policy
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Creator |
Rarick, Charles A.; Professor of International Business, College of Business, Purdue University Northwest, Hammond, IN 46323, USA
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Subject |
Tariffs, trade theory, American trade policy, China
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Description |
Facing a significant decline in domestic tire manufacturing jobs, President Obama imposed tariffs on tires made in China for a three year period beginning in 2009. With domestic employment in the tire manufacturing industry in decline and Chinese tire imports rapidly rising, President Obama yielded to industry pressure. The tariffs significantly decreased the sale of Chinese made tires, however, tires made in other countries such as Mexico, Indonesia and Thailand rose as Chinese tires became more expensive. This paper explores the effectiveness of this trade policy and proposes there are lessons to be learned when pondering further such protectionist trade policies. JEL Classifications Code: F13
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Publisher |
Asian Business Consortium
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Contributor |
—
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Date |
2016-06-02
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://journals.abc.us.org/index.php/ajtp/article/view/856
10.18034/ajtp.v3i1.856 |
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Source |
American Journal of Trade and Policy; Vol 3, No 1 (2016): 7th Issue; 31 - 36
2313-4755 2313-4747 |
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Language |
eng
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Relation |
http://journals.abc.us.org/index.php/ajtp/article/view/856/671
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Rights |
Copyright (c) 2016 Charles A. Rarick
http://creativecommons.org/licenses/by-nc/4.0 |
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