Sino-U.S. tire business struggle The report said that the United States generally does not like the result of the high tariffs imposed on imported goods. In the past 35 years, the United States has often taken trade protection measures and imposed tariffs and quotas on a range of imported products, including electronic products, socks, steel, automobiles, and solar cells. However, these protection measures have little impact on stimulating domestic production and increasing employment. The article believes that the main reason for this phenomenon is that it is often too late for the government to adopt tariff measures, tariffs are circumvented, and Other countries will emerge to make up for the gap left by the sanctioned country.
For example, the article said that in order to meet the demands of labor organizations in 2009, the Obama administration once imposed heavy taxes on China's tire products. Although it seems that this move seems to be effective: China's tire exports to the United States in 2010 fell by 28% to 899 million US dollars. However, the US’s tire imports from South Korea, Thailand, Indonesia and other countries have soared, filling the gap in China’s tire imports to the United States.
After the introduction of tariff measures in 2009, the United States’ tire production volume increased as expected. According to data provided by the Rubber Manufacturers Association of America (RMA), the production of car tires and light truck tires in the United States rose by 14% in 2010, reversing the decline in the past few years. At the same time, however, the amount of tire imports has increased dramatically, increasing by 18% from 2009 to 2010.
According to analysis, the development of the US tire industry at that time was due to the economic recovery in the United States in mid-2009. With the development of the manufacturing industry, the U.S. economic growth has risen. The auto industry, the tire industry, and imports and exports have all increased. However, the rise in the price of tires, although benefiting American manufacturers, has hurt the interests of tire vendors. The "Peterson Institute of International Economics" said that tariff protection measures have saved 1,200 manufacturing jobs to the greatest extent. However, the dramatic increase in the cost of tires in the United States has resulted in the loss of 2,500 retail jobs in the United States.
In addition, trade experts believe that if the currency of the exporting country devaluates, it will also reduce the effectiveness of tariff measures. William Reinsch, an international trade expert at the Stimson Center, a US government think-tank, said that although tariff measures can bring certain benefits, it will also bring about disruption of the supply chain, price rises, and sanctioned countries. The counterattack and a series of serious consequences, "should seek new ways to promote the U.S. economy."
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