US ignites tyre tax row with Chinese

TENSIONS between the US and China escalated last night, with Beijing slamming Washington for what it called its &ldquo;rampant protectionism&rdquo; over a decision to impose extra duty on Chinese-made tyres.<br /><br />Chinese foreign ministry spokeswoman Jiang Yu criticised the US decision, saying it sent a dangerous protectionist signal before a G20 summit. The commerce ministry also threatened legal action against imports of US poultry and vehicles.<br /><br />&ldquo;This is going to damage financial and trade cooperation between China and the US, and does not help push the world economy toward an early recovery,&rdquo; Jiang said. The frictions over trade are likely to spill over into President Obama&rsquo;s visit to China in November.