SOM presentation - Rise of imports from Thailand Indonesia...

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Rise of imports from Thailand, Indonesia, and Mexico Did not have the impact that Obama predicted on U.S. labor because imports moved to other countries It led to a 30% reduction in China, but not a 30% increase in the U.S. 152% increase in Indonesia, 154% increase in Thailand, and 117% increase in Mexico Products are simply too expensive to make in the U.S. United Steelworkers expected capacity to increase because of increase of production did not happen Best interest for U.S. Obama most likely did the tariffs as a plan for 3 years
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  • Spring '11
  • Staff
  • Unemployment, high unemployment rates, profile trade fights

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