SOM presentation final - U.S. fromChina NataliaKrawiec...

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U.S. Tariffs on Tire Imports  from China Natalia Krawiec Chelsea Flaum Shannon Higgins
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Summary Tires imported from China are usually low-end  models that self for half the price of American- made, name-brand tires. In 2008—U.S. imported 48 million tires from  China In 2009– President Obama placed a tariff on  imports of tires. 3 year tariff: 35% first year, 30% second year  25% third year China considered this a “serious case of 
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Which groups  benefited/suffered? Benefited In the United States production grew 15% Imports surged from Thailand, Indonesia, and  Mexico Suffered Tire imports from China fell by 34% Low-income U.S. consumers: tire prices increased  between 10-20%
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U.S. reaction if Chinese had  raised tariffs on their  exports U.S. would be unhappy with the decision  Would most likely use same arguments as China 
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