Tariffs threat already impacting European TBR market

Birmingham, UK – While details of tariffs to be imposed by the EU on truck & bus tires originating from China have yet to emerge, the impending move is already having an impact on the market.

At the Commercial Vehicle Show 2018 in Birmingham’s NEC, dealers reported significant increases on the prices of Chinese TBR tires, to allow for tariffs that are expected to be back-dated to 1 Feb.

One distributor of Chinese tires, who preferred not to be identified, said suppliers had been adding up to 37%…

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