Top ten news of China's rubber industry in 2009
On April 20, 2009, the United Steelworkers' Federation of America filed an allegation to the US International Trade Commission on special safeguard measures to impose quota restrictions on tires exported to the United States. After five months of government consultation, legal defense and industry lobbying, the Obama administration finally approved the tire special protection decision on September 11 under domestic political pressure, regardless of the facts and our strong opposition, Punitive tariffs of 35%, 30% and 25% will be imposed on the tires of cars and light trucks imported from China for three years. Although this decision is lower than the 55%, 45% and 35% recommended in the early stage,
Dec 2nd. 2021