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Article: U.S. TARIFFS ON CHINESE TIRES SPARK CONCERNS OVER PROTECTIONISM.
- Article from:
- AsiaPulse News
- Article date:
- September 18, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. 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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BEIJING, Sept 18 Asia Pulse - U.S. President Barack Obama's decision last weekend to impose punitive tariffs on tires imported from China has triggered concerns about the rise of protectionism in the lead-up to the Pittsburgh G20 meeting later this month.
Australian Trade Minister Simon Crean described the timing of the decision as "dreadful," saying "it sends the wrong signal, we must be stepping back from measures that invite retaliation."
He said the decision would make it more difficult to achieve progress at the G20 toward finalizing the Doha Round trade talks, according to the Sydney-based newspaper the Australian Wednesday.
Obama's order ...