Stopping Chinese firms from manufacturing low-cost tires and selling them here will not create new jobs in America or turn the economy around.
Then, why is the union advocating it? Clearly to do something, to be perceived symbolically as fighting for its members by taking a popular "Buy America" stand even though there are no comparable American tires at that price point that are made here or even sold here.
The likely outcome is that if Chinese made tires are sanctioned, imports of tires made in Venezuela and other countries will replace them. Who will benefit? Not American workers!
Instead the Chinese work force with 20 million out of work because pf the economic crisis will face even more painful job losses that will likely enrage them, and then put pressure on the Chinese government to strike back, perhaps with more pressure on the American dollar, or other US businesses there.
As the saying goes, what's good for the goose is good for the gander.
Many in China already resent US economic bullying and blame Wall Street for selling them junk loans and infected financial products that have caused vast economic losses. (Even as the US blames China for selling us infected peanuts or risky toys.)
To be honest, there is plenty to find fault with on all sides.
China-made tires meet US safety standards. If these more affordable tires go up in price, consumers would likely replace them less, leading to real safety worries.
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