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{ Tag Archives } protectionism

iPhones in Korea

Regulatory barriers have been removed in Korea, paving the way for foreign cell phones to hit the heavily saturated market. But it will be a tough sale for Apple. It will face a  fierce, low-price competition from cell phone makers such as Samsung and LG. Also, Samsung, the No. 2 global mobile phone producer, with [...]

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U.S. Adds Tariffs on Chinese Tires

Different from many Chinese experts’ anticipation, US President Obama finally decided to add 35% tariffs on Chinese tires, and the policy will last for three years (click here).  One of WTO officials said that this policy belonged to trade protectionism, and will do harm to the recovery of the global economy. The implementation of this [...]

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