Tyre Protection Case: Insufficient Reasons for US Investigation

Against the backdrop of the increasing financial frictions in the financial crisis, trade protectionism has clearly shown signs of resurgence, and the United States International Trade Commission is one of the special tire protection programs initiated by China’s export tires. It is understood that the end of the US judgment is on September 17. However, Zhang Wei, vice president of the China Council for the Promotion of International Trade, believes that the facts are inconsistent with the investigation grounds proposed by the United States.

According to reports, there are two reasons for the US International Trade Commission's investigation: First, we have increased the volume of tires that we export to the United States; second, this increase in the flow of goods has led to an increase in unemployment in the United States. In particular, there will be two tire industries. More than 10,000 workers lost their jobs. So they put forward this tire special security investigation case.

"In fact, I think there are still many differences." Zhang Wei said. "First of all, the number of Chinese tires for export growth is inaccurate." Zhang Wei said that in 2008 tire growth was only at a 2.3% growth level. In the first half of this year, the number of tire exports fell. Look, it should not constitute a particularly high number of growth.

In addition, if the special security case can be established, according to some adjustments proposed by the United States, the United States will have 20,000 industrial workers who are unemployed, but it is the downstream products of China and the United States that are particularly hurt. With the same tire exports, China has 500,000 workers and 200 companies, while the US's downstream product sales department has only 100,000 workers.

It is understood that the China Council for the Promotion of International Trade is now actively organizing relevant business associations, such as the Rubber and Rubber Chamber of Commerce and other business associations to explain to the relevant US commercial associations and other enterprises. At the same time, the president of the China Council for the Promotion of International Trade, chairman of the China Chamber of International Commerce Go to exchange with U.S. Foreign Business Council and U.S. trade representatives. "I hope they can listen to all aspects of the situation and listen more to some of China's appeals. We must explain things to the world from the perspective of the government, the company, and the chambers of commerce." Wei said.

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