The trade publication Crain's Rubber News today features an editorial by Kerri Houston Toloczko, a senior analyst with the Alliance for American Manufacturing who served as a Republican appointee to the U.S.-China Economic Security and Review Commission.
Toloczko writes about the importance of the 421 trade case brought by the United Steelworkers. The U.S. International Trade Commission ruled that the Chineses' flood of cheap tire imports has caused damage, including the loss of thousands of U.S. jobs. Click here to read more about this important case.
Here's what Toloczko writes, in part:
President Obama’s decision will clearly be important to our rubber and tire industry, but has deeper implications. During the campaign, the President committed to assisting domestic industries turned upside down by China’s economic cheating.His decision on tires will communicate his vision for dealing with China while balancing its ownership of nearly $800B in U.S. debt against the interests of domestic manufacturers.
Although the anticipated remedies are full of requisite tradespeak and legalese, the issue is simple and critically important to the U.S. manufacturing economy. The President and American consumers must understand what is at stake - namely, jobs and product safety.
