Agribusiness dwarfs the tire business in this country.
You could pretty much see who was going to win this one.
Ya, tires is a very small industry.
I suppose you walk everywhere and haven’t seen how many vehicles are on the road lately.
The irony is that there are over 800 retreading facilities. Almost all are privately owned, mom and pop shops.
Furthermore, dumping is illegal. Especially when the factory gets up to 70% subsidy.
Guess how China subsidizes these tyres? They use the interest they make on our debt, to pay the factories.
But with your logic, I can see why everything is going global now.