MGT 3660 Lecture Notes - Lecture 4: Trade Barrier, World Trade Organization, United Steelworkers
Document Summary
From the case study, although the tire tariff on china was made in order to be beneficial for the united states, and although they did experience a 15%+ increase in production, other c such as thailand, Indonesia, and mexico were most benefitted since they took advantage of the tariffs on chinese tires to increase their exports to the united states. This tells me that tariffs overall are a hassle, although sometimes necessary. Furthermore, the united states had legitimate arguments and reasoning to why they imposed the tariff, versus with china, it would seem more out of spite. Furthermore, because the united steelworkers basically petitioned the u. s.