E-News Poll Results 9/22/09 (9/24/09)
Here we present the results of the Sept. 22 ASI E-News survey.
Subscribers to ASI’s E-Newsletter may have noticed the addition of a weekly survey to the news features section. Here we present the results of the Sept. 22 survey.
Do you agree with President Obama’s decision to impose an additional 35% duty on Chinese tire imports?
Yes: 54.945%
No: 45.055%
Comments:
”What good will it do? The tire industry has already moved overseas.”
“(Obama) should impose a 50% duty on Korean autos until we are allowed to sell U.S. beef in Korea.”
“As a stock analyst formerly covering Cooper Tire and Goodyear, I can say they NEED Chinese tires to be competitive. (Because) the industry is not pushing for a tariff, it’s obvious that Obama imposed the tariff to please a small constituent group. The manufacturers need not worry, however. China has gone to the WTO and they will repeal the tariff. Then Obama will have saved face with the union while no real changes will have taken place.”
“Union work rules are the main problem. Goodyear may go bankrupt because of them.”
“In the long run, tariffs are only a band-aid to a much bigger problem with our economy.”
“We are too late for protectionism. Tariffs should have been placed on Chinese goods twenty years ago.”
“International trade needs to be stimulated, not penalized.”
“Having lost a past job to China, (I feel) we should not make it easier for other countries to undercut American pricing.”
Subscribers to ASI’s E-Newsletter may have noticed the addition of a weekly survey to the news features section. Here we present the results of the Sept. 22 survey.
Do you agree with President Obama’s decision to impose an additional 35% duty on Chinese tire imports?
Yes: 54.945%
No: 45.055%
Comments:
”What good will it do? The tire industry has already moved overseas.”
“(Obama) should impose a 50% duty on Korean autos until we are allowed to sell U.S. beef in Korea.”
“As a stock analyst formerly covering Cooper Tire and Goodyear, I can say they NEED Chinese tires to be competitive. (Because) the industry is not pushing for a tariff, it’s obvious that Obama imposed the tariff to please a small constituent group. The manufacturers need not worry, however. China has gone to the WTO and they will repeal the tariff. Then Obama will have saved face with the union while no real changes will have taken place.”
“Union work rules are the main problem. Goodyear may go bankrupt because of them.”
“In the long run, tariffs are only a band-aid to a much bigger problem with our economy.”
“We are too late for protectionism. Tariffs should have been placed on Chinese goods twenty years ago.”
“International trade needs to be stimulated, not penalized.”
“Having lost a past job to China, (I feel) we should not make it easier for other countries to undercut American pricing.”