Tariffs support retread revival bid
The rise of low-cost Chinese truck tyre imports in Europe has been well documented in the pages of various issues of our ongoing series of Retreading Special supplements. The resultant risks affecting the industry have led to pan-European awareness-raising and lobbying efforts at a European level. This in turn resulted in a European Commission (EC) investigating and on the impact of Chinese truck tyre imports on European retread sales, which began late last year. Then product registration began in February 2018. The latest news marks something of a victory for retreaders in their bid to revive the business as now we know that tariffs of between 52.85 euros and 82.17 euros per tyre are being applied to all truck and bus radials imported into Europe from China.