NO.
Trump, America needs to bring back MANUFACTURING.
We do not need farms. We do not need services.
We need MANUFACTURING.
“We do not need farms.”
Exactly what do you plan to eat from now on?
Exactly.
The the U.S. International Trade Commission ruled one month ago that China has been dumping medium sized truck tires (20-68% depending on the factory). China did not argue with the studies assessment of subsiies
You’ll never guess what happened. The tariff did not pass.
The 6 panel judges went to a panel of 5 judges 3 days b4 the verdict. You need 3 votes for the tariff.
The judges stated: Yes, they are clearly dumping tires into the USA but the USA is not experiencing any damages from it...so no tariff.
Tell that to the 800+ retreading factories that can no longer compete with a a Chinese Tire that is getting a 20-70%+ subsidy (which is actually coming from the interest on US debt paid to the Chinese gov).
The highly subsidized Chinese tires are devastating the market for retreads (which 18 wheel trucks frequently use to maximize the use of their tires and decrease tire costs).
So much for saving factory jobs. But hell, USDA beef going to China will really help local farmers (or is that global farmers).