New Continental Tire Plant Demonstrates Why Enforcing Trade Laws Works
In September, 2009 the Obama Administration imposed duties on surging imports of subsidized tires from China. The three-year plan was designed to provide relief for U.S. tire manufacturers under Section 421 of U.S. trade law, the first time the law had been used since its inception.
Only one year after the import duties were applied, a study by the Alliance for American Manufacturing (AAM) found that the U.S. tire industry had already reversed a significant decline. Sales were up, and workers were being hired.
The latest demonstration of the effectiveness of the 421 ruling is that Continental AG plans to build a new consumer tire manufacturing plant in the United States. The company says the planned plant will help cover rising tire demand in North America:
These plans are further proof for the depth of the turnaround that the Passenger and Light Truck Tires Division has achieved in the Americas region by means of determination and perseverance.
Modern Tire Dealer reports that "a site selection committee has been formed, and is in the early stages of analyzing possible sites. Continental tentatively hopes to have a site selected by the end of the third quarter of this year."
Bottom Line: Enforcing U.S. trade law works. Click here to read the full report on relief for the U.S. tire industry.
Related recent Blogs
- Fact Check: Standing Up Against Unfair Trade, Kentucky Edition • by TGarland • 07/25/2014
- Strengthened Workforce Training is Great — and We Can Do More • by elizabethbb • 07/23/2014
- Americans Want Trade Agreements that Do Not Undermine Manufacturing Jobs, New Poll Finds • by TGarland • 07/23/2014
- Highlights from AAM's Trip to Detroit for Netroots Nation 2014 • by elizabethbb • 07/23/2014
- Toxic Fast Food: Just the Latest Scandal Involving Made-in-China Products. • by elizabethbb • 07/22/2014
- Foxx Calls on Congress to Pass Long-Term Fix to the Highway Trust Fund • by TGarland • 07/21/2014
- President Obama proposes public-private infrastructure initiative: Alliance for American Manufacturing (AAM) statement. • by scapozzola • 07/17/2014
- We’re Live From Netroots Nation! • by elizabethbb • 07/17/2014
- So Much For Promises: China's Manipulating Its Currency, Again • by mmcmullan • 07/17/2014
- The OCTG Trade Case Heads to the International Trade Commission • by TGarland • 07/16/2014