Monday, September 14, 2009
U.S. Infuriates China Over Tire Tariffs
The United States is currently testing China for the sake of tires and buying American. The Obama administration has imposed trade regulations on the importation of Chinese tires. It is a move that may not be all too smart considering that the U.S. needs China's cooperation and alliance when it comes to issues of the environment, power and nuclear standoffs. China is furious with the decision and has called it a protectionist move that is in violation of global trade regulations. The question now is whether or not the Chinese will further retaliate.