Shandong tyre makers look forward to end of US tariffs

ERJ staff report (DS)

Shandong, China - Shandong's tyre makers are looking to increase sales into the United States, following the lifting of the Obama tariff on imports from China. The companies have been building inventory in Free Trade Zones ahead of the change, and now expect to increase sales significantly.

A series of tyre makers, quoted on the CRIA website, said the style of competition will be different into the future. Instead of competing only on price, the Chinese tyre makers will aim to compete on performance and technology as well.

Technologies developed ahead of the introduction of the EU tyre label will be deployed in the US market to deliver improved fuel economy and wet grip,

As an example, from January to July this year, the Triangle Group saw its exports to the US grow by 10.5% year-on-year.

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News story from CRIA (Chinese language)

Above story auto-translated (from Chinese language)