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EU Imposes Anti-dumping Measures on Chinese Tire Firms

The EU will impose definitive anti-dumping duties of up to 45.3 per cent on Chinese car and light lorry tyres from Wednesday, citing significant dumping margins and 鈥渕aterial injury鈥 to the bloc鈥檚 tyre industry.

鈥淢ost injury indicators such as … sales quantity, market share, employment, profitability and productivity showed a clear negative trend during the period considered,鈥 the European Commission wrote on Tuesday.

Imports of Chinese tyres to the聽European Union are overwhelmingly concentrated in a budget 鈥渢ier 3鈥 segment 鈥 the cheapest tyres, which had become 鈥渆conomically non-viable鈥 for European competitors as their import volume rose, the Commission said…
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