Of course placing a 30% tariff on tyres will have an impact on the short term economy as buyers and car dealers won't have access to super cheap tyres, which means there'll be less money to go elsewhere. If that's the way the USA wants to go then expect a lot of pain with consumers, a lot of protests from retailers, and a lot of uncertainty from the politicians. But while that goes on US workers will have a job in the protected industry that they work in. It may not seem fair at first, but it's a necessary evil to restore USA's credibility as it has realised it cannot grow any more on cheap foreign goods. The push for local growth (which was cheap credit) has disappeared, as creditors now realise that long term job prospects are number one priority - not credit fuelled asset inflation.
