The US tire special security case that affects the nerves of the Chinese tire industry continues to heat up. Yesterday, Wang Meimei, Assistant General Manager of the Shandong Linglong Group of Yantai Tire Enterprise and Minister of Overseas Marketing, returned to Yantai after attending a hearing convened by the U.S. Trade Representative Agency. Exquisite aspects of the interview, said that "special protection case" will affect the "Yantai made" tires to the United States. ”

"There must be some losses, but the ratio is still uncertain, and it is not easy to calculate." Wang Guomei accepted YMG reporters for the first time since he returned to the scene. She said that responding to the United States is mainly to explain to the relevant US departments the status quo of Chinese tire companies, and to lodge a complaint against China’s claim that US tires have damaged American companies. At present, various information from feedback shows that the collection of special tariffs is unavoidable. “The key issue is the proportion issue. It is very likely that we will take a comparatively compromised ratio. It will not be 0 or 55%,” Wang Guomei said.

At the end of June, the U.S. International Trade Commission proposed to impose 55%, 45%, and 35% ad valorem special tariffs on China-used passenger cars and light truck tires for three consecutive years.

Some Chinese importers of tires imported into the United States disclosed that if the ratio of special tariffs for ad valorem tariffs reaches 10-15%, the volume of Chinese tires exported to the United States will fall by 20%; if this proportion reaches 25-30%, these importers will be in the United States. There is no advantage in the competition among vendors.

As one of the world's top 20 tires, the country's top three tire manufacturers and one of the country's 1,000 largest industrial companies, Shandong Linglong Group has been testing the US market since 2002. Wang Guomei said that once the special security case is signed, it will at least affect the company’s annual sales of 3 million products to the United States.

For the United States tire special security case, exquisite group president and party secretary Wang Feng showed an optimistic attitude. In an interview with a YMG reporter, Wang Feng said that since the Spring Festival, the company’s production and operation have been in a state of oversupplied supply. The US special security case’s squeeze on the US market share has led companies to digest through other markets.

Wang Feng has his own opinion on the adverse impact of the US tire protection case on Chinese companies. He believes that trade barriers are a problem that competitive enterprises must face. Even if there is no US “special security case”, there will be trade barriers in other countries. "In the international market, we fight for our own brand." Wang Feng said that 90% of Linglong's products sold on the international market are self-owned brands.


View related topics: China and the United States tire special security case


Stationary High Frequency Welding Machine

We supply machinery and services to many major international companies and we have activity in the following industries:


Stationery: Including Pockets, Binders, Tax Discs produced on high frequency welding, rotary, inline and shuttle machinery.


Machine with excellent performance for welding plastic stationery items like pass cover, money purse, inflatable toys nad packaging pouches.


Rf Welding Machine,Stationary High Frequency Welding Machine,High Frequency Sealing Machine,High Frequency Bonding Machine

Hangzhou Xiaoshan Wanfeng Mechanical & Electrical Equipment Factory , https://www.wfengmachinery.com

Posted on