China's tire industry trapped in the United States and China special security case
The negative effect of the Sino-U.S. "tire special protection" case was gradually released, and the original "overall good" export of the tires in Guangdong declined significantly. Huangpu Customs said to the newspaper yesterday that from January to July this year, Guangdong Province exported 21.68 million new inflatable rubber tires, down 27.1% year-on-year, worth US$250 million, down 10.3%. Huangpu Customs official told reporters that tire exports have maintained a certain momentum of recovery since April, but they have also shown a sharp decline since July, which can not be said to have been affected by the tire special protection case. The reporter also learned from the interview of the largest tire export company in Guangdong that the export to the US market has now seen an inevitable decline. “We have stepped up the development of emerging markets in Southeast Asia.†Data show that from January to July this year, Guangdong exported 7.675 million, 4.343 million, 3.732 million, and 1.529 million tires to the United States, Africa, the European Union, and Latin America, respectively, down 36.6%, 30.4%, 26.1%, and 15.6% respectively. .
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