Posted on 09/12/2009 4:28:03 PM PDT by fiscon1
This was announced by the Obama administration last evening.
President Barack Obama on Friday slapped punitive tariffs on all car and light truck tires entering the United States from China in a decision that could anger the strategically important Asian powerhouse but placate union supporters important to his health care push at home.
Obama had until Sept. 17 -- next week -- to accept, reject or modify a U.S. International Trade Commission ruling that a rising tide of Chinese tires into the U.S. hurts American producers. A powerful union, United Steelworkers, blames the increase for the loss of thousands of American jobs.
(Excerpt) Read more at theeprovocateur.blogspot.com ...
Here we go.
He is SUCH an idiot.
GOD help us ALL!
I give up.
how much is the tariff?
Who is going to line up at the FED window to but bonds next week, the Chinese????????
35 %...
The list, ping
Wow. If he’s trying to pick a fight, he’s doing a superb job, don’t you think?
It is astounding. -It is almost exactly how the great depression was made "great".
Anything for the unions. A trade war for the unions.
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