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Article: Trade winds; Obama tire decision blew open the door to others.(BUSINESS)
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- September 16, 2009
CopyrightCOPYRIGHT 2009 The Washington Times LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jon Ward, THE WASHINGTON TIMES
President Obama's decision to impose restrictions on Chinese tire imports has opened the door to requests for similar protection from foreign competition by other U.S. industries and interests, trade experts warn, creating the conditions for an escalation of tensions with China.
Administration supporters have said Mr. Obama's tough action early in his tenure will give him credibility with congressional Democrats and labor unions for later trade battles, but some warn that is a dangerous strategy.
The problem with that is you can never satisfy the protectionism beast once you start feeding it, said Daniel ...