News. China announced that it would look into alleged dumping of U.S. auto and chicken products on Sept. 13, two days after President Barack Obama imposed tariffs on imports of tires from the Asian nation. The U.S.’ move was in response to a so-called safeguard petition filed to protect U.S. producers.
Is this the beginning of a trade war? Are we protecting (supposedly) jobs by getting into this kind of policies? It is just ludicrous. We are all going to pay if we start a protectionist war. The tire makers, the chicken producers, and all of us. This is a dangerous path that we are following to show that we are doing something about it. What?
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