To stem the alarming availability of inexpensive tires to American consumers in a depression, and to reward overpaid, underworked unions and inefficient US producers, Obama has imposed – unilaterally, as a dictator – a 35% tariff tax on Chinese tires. The Chinese correctly point out that this is an act of the rankest protectionism, and harmful to the cause of world trade.

The Best of Llewellyn H. Rockwell, Jr.