Goodyear and Steelworker's Union to Negotiate Changes in Business

When the United Steelworker's Association's contract with Goodyear expires in July 2006, Goodyear plans to make some big changes. Goodyear is planning to cut wages even more than in the last negotiation and to close a few of its plants across North America. How do you think this would effect our economy? Would there be a drastic change in the steel, rubber, and tire market?

Link: http://biz.yahoo.com/ap/051030/goodyear_steelworkers.html?.v=2