“In one of his first major decisions on trade policy, President Obama opted Friday to impose a tariff on tires from China, a move that fulfills his campaign promise to “crack down” on imports that unfairly undermine American workers but risks angering the nation’s second-largest trading partner.” – The Washington Post
China is our SECOND LARGEST trading partner we can not afford to make them angry. America imports many things from China that we don’t even make here in America. Also we import many things into China and it will hurt many business if we too have to pay a tariff on goods we import to China.
“Although this may sound like just another day in Washington, Obama’s decision will be consequential. It will help clarify his administration’s heretofore opaque trade policy objectives. It will set the tone for U.S.-China trade relations for the foreseeable future. And it will affect broader international trade relations, for better or for worse, as America honors or disavows its pledge to the Group of 20 nations to avoid new protectionist measures.” – The Free Trade Bulletin.
I would like you to note the fact that the United States has pledged to TWENTY nations that we will avoid any new protectionist measures, one of which would be creating new tariffs. The president can not just go around breaking promises which he has made to 20 nations.
Though we can not stop this decision, for it has already been made, we can inform Obama and our own senators and representatives, in Washington, that we do not agree with the new regulations Obama is enforcing.
~James Dalley