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You are here: Home1 / import tariffs

Import Tariffs

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Linglong’s Serbia factory close to production start

International News

On 11 May 2022, Linglong Tire chairman Wang Feng was quoted as saying that Linglong’s Serbia tyre factory begin trial production shortly.

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Related news:

  1. Linglong launches Hubtrac brand tyres in European market
  2. Linglong Tire achieves all-time record share price
  3. Hubtrac team raises Q4 income expectations
  4. First truck tyres roll off Linglong Thailand production line
13th May 2022/0 Comments/by Chris

Chinese truck tyre tariffs annulled

Company News, International News, Legislation
The Court of Justice of The European Union

Anti-dumping and anti-subsidy tariffs imposed against Chinese-produced truck tyres in 2018 must be annulled, according to a judgement published by the European Court of Justice on 4 May 2022.  Tyres & Accessories understands that the verdict can be appealed between now and July, but unless that appeal is successful, the annulment of anti-dumping tariffs against Chinese-produced truck tyres will result in increased imports and sales of those products.

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Related news:

  1. EU publishes definitive anti-subsidy and updated anti-dumping rates
  2. US imposes Chinese tyre import tariffs
  3. US puts 10% import tariffs on all Chinese tyres
  4. CRIA: Chinese tyre market will be ‘tested’ in 2H 2011
5th May 2022/by Chris

Kumho investing $300 million in tyre factory expansion plans

Company News, International News

Kumho Tire Co is planning to invest some 340 billion won (£217 million; 255 million euros; US$298 million) in expanding its tyre production facilities in Vietnam. The planned investment aimed at bracing for an increase in demand from North American markets and mitigating tariff-related price pressure, according to local news sources.

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Related news:

  1. Kumho Vietnamese Plant – Latest
  2. Kumho Breaks Ground On Vietnam Plant
  3. Sailun Group extends capacity expansion project
  4. USW files anti-dumping petitions against Korea-, Taiwan-, Thailand- and Vietnam-made tyres
29th March 2021/by Chris

USA retains duties on PLT tyres

International News
Tyrepress.com / Stephen Goodchild

The USA will continue to apply anti-dumping and countervailing duties to passenger vehicle and light truck (PLT) tyres from China. The U.S. International Trade Commission (USITC) decided against ending the charging of duties, which have applied to these products since 2015, after determining that doing so would “likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.” Unsurprisingly, the United Steelworkers union applauds the decision.

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Related news:

  1. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  2. Chinese truck/bus tyres: US court partially rejects determination
  3. US imposes Chinese tyre import tariffs
  4. USA sets final duties on CV steel wheels from China
28th January 2021/by Stephen

Tyre importers should plan for lack of space on ships and freight increases

International News, UK News
Matthew Cassidy on Unsplash

Back in April, Tyres & Accessories spoke to leading supplier of freight forwarding services to the UK tyre sector, Maritime Cargo Services about the perfect storm of circumstances complicating life for tyre importers. Then it was difficult to anticipate the logistical problems the industry would face by the end of the first quarter – at least far enough ahead to sidestep the issues entirely. Even armed with the expectation of disruption, the pressure has built at British ports throughout the year, especially in the last quarter as Covid began to spike again. As a result, Honda UK’s suspension of production became a high-profile symptom of the catalogue of issues causing bottlenecking and ultimately delays in the supply chain. With the end of the Brexit transition coming amidst the second spike of Covid-19 transmissions on 31 December, T&A asked MCS again about what difficulties distribution businesses need to plan for this winter.

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Related news:

  1. Coronavirus creates shipping problems for tyre importers
  2. New UK Global Tariff sees tyre duty reduced from 4.5% to 4.0%
  3. Port problems cause Honda Swindon shutdown, pressurise UK tyre supply
  4. Conditions ripe for European trade barriers?
17th December 2020/by Andrew

SMMT: Deal with EU necessary to support green momentum

UK News

The Society of Motor Manufacturers and Traders (SMMT) has again urged both sides to re-engage the Brexit negotiation process with vigour in order to achieve a satisfactory deal. Bringing its latest calculations to the table, the industry association stresses that ‘no deal’ is a high stake gamble not only for the automotive sector but also for hopes of a green recovery from the coronavirus crisis.

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Related news:

  1. UK car production down -42.8%, 11,000 jobs lost in coronavirus crisis
  2. Auto analysts comment on ‘perfect storm’ for car sector
  3. UK car manufacturing down 18% in October
  4. UK car production falls 14.2 per cent in 2019
23rd October 2020/by Stephen

New UK Global Tariff sees tyre duty reduced from 4.5% to 4.0%

Company News, International News, Legislation, UK News
shipping containersPexels

The UK Department for International Trade has announced a new UK Global Tariff (UKGT). Announced on 19 May 2020, this replaces the EU’s Common External Tariff on 1 January 2021 at the end of the Brexit Transition Period. As it pertains to the tyre business, while there are various categories, the announcement basically means the new UKGT sees tyre duty reduced from 4.5% to 4.0%. Camel back rubber for use in retreading stays at 0%, while duties cushion industrial tyres are reduced to 2.0% from 2.5%.

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Related news:

  1. What cabinet reshuffles and a UK-China free-trade deal might mean for the tyre industry
  2. EU publishes definitive anti-subsidy and updated anti-dumping rates
  3. 2018 has been ‘Up in the air’
  4. Truck tyre tariffs to end Chinese import tsunami
19th May 2020/by Chris

China now in 3rd place as source for EU truck tyre imports

Premium, Product News, UK News

In previous features on commercial vehicle tyres, Tyres & Accessories has noted the varied effects European Union tariffs on product manufactured in China have had on the market. Questioning whether the tariffs have “worked” is a complex question, because their effect on new tye segmentation and retreads have been varied across Europe’s major markets. Truck tyre markets in France and Germany reacted in very different ways to the UK, at least partially because the latter market was contracting anyway.

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Related news:

  1. US Companies Asked to Provide Details of Recalled Tyres
  2. Bridgestone staying strong in a growing truck tyre market
  3. Giti releases details of 6 Giti-branded tyres on CV Show 2017 stand
  4. Giti launches key commercial tyre sizes one year since rebranding at CV Show 2018
4th March 2020/by Andrew

Aufine offering Thai-made truck tyres

Product News

Chinese tyre maker Aufine is now offering its customers a way to avoid tariffs on commercial vehicle tyres by selling a range produced in Thailand.

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Related news:

  1. Chinese officials welcome US duty decision
  2. Tariff fightback? What importers and associations are doing in response to European anti-Chinese truck tyre duties
  3. Brazil extends Chinese truck tyre anti-dumping tariffs
  4. US puts 10% import tariffs on all Chinese tyres
8th January 2020/by Stephen

Sailun Group extends capacity expansion project

Company News, International News

Sailun Group Co., Ltd. has issued a new timetable for the completion of its project to add capacity for larger rim passenger car and light commercial vehicle tyres at its Dongying factory in China. The self-funded investment to add 15 million units of capacity will now be implemented by December 2020 rather than this year, as originally planned. According to Sailun Group, the level of investment in the project and proposed usage of the funds remains the same.

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Related news:

  1. Sailun investing big in PCR tyre capacity to reach premium OEMs in China
  2. US imposes Chinese tyre import tariffs
  3. US puts 10% import tariffs on all Chinese tyres
  4. Will Europe impose tyre import tariffs?
4th September 2019/by Stephen

USITC: Chinese truck tyres materially injure US

International News, Legislation

The US International Trade Commission filed their remand determinations to the US Court of International Trade on January 30, 2019. By a majority of 3-2, the Commissioners have determined:

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Related news:

  1. Chinese officials welcome US duty decision
  2. US puts 10% import tariffs on all Chinese tyres
  3. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  4. Tariff time again, but will they make a difference?
5th February 2019/by Chris

EU publishes definitive anti-subsidy and updated anti-dumping rates

Company News, International News, Legislation, UK News

The European Union has published its definitive decision relating to anti-subsidy duties imposed on Chinese-produced truck tyres imported into the continent. This follows the EU’s final decision on anti-dumping duties, which was released on 18 October 2018. In short, the latest document (which runs to well over 120 pages) demonstrates how large subsidies have supported some Chinese tyre makers. However, it doesn’t mean the overall per tyre rate importers have to pay will change.

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Related news:

  1. US Imposes 35% Tyre Tariff, China Plays Chicken
  2. US imposes Chinese tyre import tariffs
  3. EU begins registering Chinese truck tyre imports
  4. Truck tyre tariffs to end Chinese import tsunami
12th November 2018/by Chris

EU rejects claims Pirelli isn’t related to CNRC and Aeolus

Company News, International News, Legislation

Having published its definitive decision on Chinese-produced truck tyre dumping, the European Union has also rejected claims that Pirelli is not related to either China National Tire & Rubber Co., Ltd (CNRC, which is owned by ChemChina) or Aeolus. Therefore, any tyres made by any of the related companies in China have to be subject to comparable import tariffs.

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Related news:

  1. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  2. Chinese truck tyres: EC proposes revised anti-dumping duties
  3. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  4. India considering anti-dumping duties for Chinese truck tyres
22nd October 2018/by Chris

US puts 10% import tariffs on all Chinese tyres

Company News, International News, Legislation

The Trump administration upped the ante once again in the ongoing trade war between the USA and China on 18 September with the introduction of tariffs on all US$200 billion of imports including basically all categories of tyres, retreads and inner tubes. At President Trump’s direction the additional tariffs will initially be set at 10 per cent and will take effect on 24 September 2018. However, as of 1 January 2019, the level of additional tariffs will increase to 25 per cent.

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Related news:

  1. Pirelli truck tyres separating and merging with Aeolus/ChemChina
  2. US imposes Chinese tyre import tariffs
  3. Tariff time again, but will they make a difference?
  4. EU publishes definitive anti-subsidy and updated anti-dumping rates
18th September 2018/by Chris

Tariff fightback? What importers and associations are doing in response to European anti-Chinese truck tyre duties

International News, Premium, Product News, UK News

It is clear that European anti-truck tyre tariffs are already having marked impact on the shape of the market. This is putting pressure on affected importers and manufacturers alike, but – as we have seen elsewhere in this feature – it could also lead to price increases and product shortages. Here Tyres & Accessories takes a closer look at the issue and what is being done in response based on contributions of industry associations such as the NTDA and ITMA as well as key industry figures.

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Related news:

  1. Truck tyre tariffs to end Chinese import tsunami
  2. NTDA: EC anti-subsidy decision ‘no great surprise’
  3. EU publishes definitive anti-subsidy and updated anti-dumping rates
  4. 2018 UK truck tyre market data overview
23rd May 2018/by Chris
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