The International Trade Commission (ITC) has ruled that a surge of low-priced tyres from
Reacting to the announcement, representatives of the United Steelworkers (USW) union said that the surge in imports had caused major job losses and plant closures in the
'Our domestic industries cannot survive unless our government enforces the trade laws that are designed to curb and dissuade anti-competitive practices that cause market disruptions,' said USW president Leo W Gerard.
The United Steelworkers (USW) filed a petition with the ITC in April claiming that imports of consumer tyres from
In 2008,
While imports nearly tripled in volume during the surge period, production of tyres produced in the
The USW said that during this period, nearly 5,100 US tyre workers lost their jobs as a result of the massive erosion in domestic production that coincided with the increases in imports of consumer tyres from
About 3,000 more jobs are slated to be lost by the year’s end as three plants are threatening to close.
To combat this trend, the USW believes that the government should impose an import quota on
The International Trade Commission will now send a report into its findings to the
The president will then decide whether to provide relief to the industry, as well as the type and duration of any such relief.
Engineering industry reacts to Reeves' budget
I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...