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Obama tires of free trade

17/09/2009

We know President Obama is proud of his proposal to reform the nation's health care system; he spoke of it before a joint session of Congress last Wednesday evening. Judging by the timing, he was distinctly less proud of his decision to slap three years of hefty tariffs on low-cost tires imported from China. That announcement came at 9:45 pm on Friday. The decision was due this week, but the move smells of rank protectionism, and there was no better opportunity to bury the story than last Friday night.

India, Argentina for probing anti-dumping among G20

17/09/2009

New Delhi: India was second only to Argentina among the G-20 nations in initiating anti-dumping investigations during January-July 2009, and tops the list of countries that have launched safeguard probes, a WTO report says.

EU terminates the threat of tariffs on steel tubes

17/09/2009

Bloomberg reported that European Union has terminated the threat of tariffs on steel tubes from Turkey, Ukraine and Belarus after the recession prompted EU producers to withdraw a complaint alleging price undercutting.

Chinese tire shares plunge, driven by US tire tariff

17/09/2009

Tire shares on Chinese stock markets plunged on Monday morning, the first trading session after the US government announced tariffs on Chinese imports.

China to probe U.S. auto parts for alleged dumping

17/09/2009

BEIJING (Sept. 14, 2009) — The Ministry of Commerce of the People’s Republic of China has launched anti-dumping and anti-subsidy investigations of auto parts imported to China from the U.S.

US ITC urged to extend restrictions on imports of carbon steel

15/09/2009

Testifying before the US International Trade Commission, US Representative Mr Pete Visclosky urged the panel to extend restrictions on imports of certain types of steel products from China, Russia and Ukraine.

Tyre case tarnishes U.S. image

15/09/2009

BEIJING, Sept. 13 (Xinhua) -- U.S. President Barack Obama shocked the world on the weekend by deciding to impose punitive tariffs on tyres imported from China.

China retaliates against US levy on Chinese tyres

15/09/2009

Beijing, Sept 13 (PTI) China today launched anti-dumping and anti-subsidies investigations into automobile and chicken products imported from the US apparently in "retaliation" of President Barack Obama imposing a whopping 35 per cent additional import duty on Chinese tyres.