According to foreign media reports, the United States recently announced that it will increase tariffs on some imported passenger cars and light pickup trucks from China, saying that the above-mentioned tires were dumped in the United States at lower than market prices.
The U.S. intends to increase the tariffs on Chinese imported tires to more than 100%
The U.S. Department of Commerce has decided to increase the tariffs on some of China's imported tires to more than 100%, but the final plan still needs to wait for the US International Trade Commission to finalize its decision next month.
If this resolution is finally passed, the affected companies will include: Shandong Yongsheng Rubber Group Co., Ltd., Cooper (Kunshan) Tire Co., Ltd. and Jiatong (Fujian) Tire Co., Ltd.
In 2014, the total value of China's car, SUV and light pickup trucks sold in the United States reached US$2.3 billion.
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