US imposes big tarriffs on Chinese tires, Beijing

The Office of the United States Trade Representative announced that it is imposing huge tariffs on Chinese tire imports. This move is certain to cause friction between the two countries. Already, Chinese officials have called the move protectionist and threatened similar penalties on US exports.

The International Trade Commission had determined that China had produced products similar to tires made in the US and sold them at prices low enough to force some US plants to close.