On What Grounds Did President Barack Obama Place a 35

question 30

Multiple Choice

On what grounds did President Barack Obama place a 35 percent tariff on the import of Chinese tires in 2009?

• A)The tariff was part of the stimulus package designed to save the American auto manufacturing industry.
• B)U.S.tire-makers needed the protection because they were forced to buy their raw materials from Chinese exporters.
• C)The tariff was in retaliation to Chinese military exercises in the Yellow Sea.
• D)U.S.tire-makers were less efficient than Chinese companies and needed government assistance.
• E)Chinese tires were being subsidized by the Chinese government.

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