Will the US tire companies start producing low-end low-cost tires? Unlikely. The price of tires for US consumers will rise until the importers can find another cheap source of tires.
At the same time, the Chinese will retaliate by putting tariffs on some US exports, like agriculture products.
A lose-lose proposition for the US and China.
I don’t know how the new stoopid Obamaloon tariff is worded, but the article says “Chinese tyres”.
If so, then the Chinese, will just stamp them Made in xxxxx, and continue to make and ship them. Then the tires will make a stop in the Republic of xxxxx and then on the the US.
Obama is a brain-dead nimrod. Now he has pissed off the biggest buyer of our debt, and started a trade war that won’t even work anyway.