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Three big countries, "attacking" Chinese tires

author:Tyre World Network

Recently, the United States, Mexico, and India have launched new actions to import tire products from China.

In 2024, the trade friction situation faced by China's tire industry is still very severe.

United States

On April 25, the U.S. Department of Commerce made two final rulings on truck and bus tires imported from China.

One is the first anti-dumping fast-track sunset review final ruling, and the other is the first anti-subsidy fast-track sunset review final ruling.

Three big countries, "attacking" Chinese tires

The department said that if the current "double anti-dumping" measures are lifted, it may lead to the re-dumping of the products involved.

The dumping margin is expected to be 22.57%, and the subsidy rate is 23.92%-66.28%.

Mexico

On April 22, Mexican President Andrés López Ló

Among them, the tax rate on tire products has been increased to 35%.

Three big countries, "attacking" Chinese tires

All tires with a diameter of ≥ 17.5 inches under the tax code 401120 are subject to the tax.

This decree does not concern countries and unions with which Mexico has a free trade agreement.

These include the United States, Canada, the European Union, the United Kingdom, Vietnam, Japan, and more.

India

On April 22, India's Ministry of Industry and Commerce made the first final ruling on the final review of truck and bus tires originating in or imported from China.

Three big countries, "attacking" Chinese tires

The products involved include new pneumatic radial tires for passenger cars or vans with rim diameters greater than 16 inches.

The department recommended that the countervailing duty on the products involved be continued for a period of 5 years at a rate of 17.57% CIF.

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