Is the US introducing a 30% tariff on Chinese tyres going to escalate into bigger shows of protectionism? China has already answered with their own proposed tariffs.
If the US/China start down this road, where does it end? Or is this more a one off occurrence and unlikely to be repeated in a meaningful way? I thought when Obama said it last year that the 'Buy American' slogan could be a dangerous idea to promote. I think the same when I hear Gerry on TV saying "if you're not buying Australian, why? Why not!"
If the US/China start down this road, where does it end? Or is this more a one off occurrence and unlikely to be repeated in a meaningful way? I thought when Obama said it last year that the 'Buy American' slogan could be a dangerous idea to promote. I think the same when I hear Gerry on TV saying "if you're not buying Australian, why? Why not!"