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(Washington D.C.)- Ways and Means Committee Chairman Charles B. Rangel (D-NY), and Ways and Means Trade Subcommittee Chairman Sander M. Levin (D-MI) issued the following statements in response to President Barack Obama’s decision to address the harmful surge of low-priced Chinese tires in the U.S. marketplace:
“I applaud President Obama for taking this common-sense action to stand up for American workers and industry,” said Ways and Means Committee Chairman Charles B. Rangel (D-NY). “The American tire industry lost more than 5,000 jobs since China flooded our market with cheap tires and stood to lose thousands more without this corrective action. This remedy is consistent with WTO rules governing China’s membership and President Obama is making good on his commitment to pursue a new trade policy that puts Americans workers, farmers and businesses first.”
“The Obama Administration’s action today is an important step toward a new trade policy that actively expands trade and shapes that expansion in ways that widen its benefits and address distortions, including through strong enforcement,” said Trade Subcommittee Chairman Sander M. Levin (D-MI). “When Congress negotiated Permanent Normal Trade Relations (PNTR) with China, we made a commitment to our workers and industry that there would be a provision for assistance in response to market-disruptions such as these. Regrettably, the previous Administration failed to take the necessary action and use the enforcement tools available. Today’s action by the President is a welcome change from the inaction of the past.”
Chairmen Rangel and Levin also joined Democratic Members of the Committee on a letter urging President Obama to provide meaningful relief to the American tire industry and workers harmed by a surge in low-priced Chinese tires.
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