US International Trade Commission rules Chinese tire makers unfairly flooding US market
By APThursday, June 18, 2009
US trade board rules against Chinese tire makers
NEW YORK — A U.S. trade board says Chinese tire makers are unfairly dumping their products on the U.S. market, hurting domestic tire manufacturers and fueling unemployment.
Thursday’s 4-2 ruling by the U.S. International Trade Commission against Chinese tire makers marks a victory for the United Steelworkers union. The union brought the issue to the commission in April, arguing that Beijing has more than tripled its tire exports to the U.S. between 2004 and 2008.
The union says the exports have cost more than 5,100 U.S. jobs and have led to factory closures across the country. It commended the ruling in a statement Thursday.
The commission is set to determine a policy recommendation on the issue later this month.
Tags: Asia, China, East Asia, Greater China, International Trade, New York, North America, United States, Us-china-us-tire-dumping
