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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
 
Creator Rarick, Charles A.; Professor of International Business, College of Business, Purdue University Northwest, Hammond, IN 46323, USA
 
Subject Tariffs, trade theory, American trade policy, China
 
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 
 
Publisher Asian Business Consortium
 
Contributor
 
Date 2016-06-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://journals.abc.us.org/index.php/ajtp/article/view/856
10.18034/ajtp.v3i1.856
 
Source American Journal of Trade and Policy; Vol 3, No 1 (2016): 7th Issue; 31 - 36
2313-4755
2313-4747
 
Language eng
 
Relation http://journals.abc.us.org/index.php/ajtp/article/view/856/671
 
Rights Copyright (c) 2016 Charles A. Rarick
http://creativecommons.org/licenses/by-nc/4.0