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Anti-dumping duties affect Thailand's tire industry

 Last Update: 2021-09-28
 Source: Internet
 Author: User

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Sinochem News recently, Thailand's Kaitai Center issued a report saying that after more than a year of deliberation, the United States finally ruled that anti-dumping duties should be imposed on Thai passenger car tires and light truck tires, pushing up the price of such tires in the U.

The Kaitai Research Center believes that major Japanese and Western auto brands that supply the replacement equipment manufacturer market will be limited in expanding investment in Thailand in the future because of more investment in the United States and USMCA member states

Thailand is one of the world’s major tire export countries, accounting for only 10% of the total global tire production, but the world’s major tire brands still have the opportunity to expand investment in Thailand to support the continued upward trend of Thai automobile production, especially Thailand’s Become an export-oriented automobile production center in the region

The Kaitai Research Center estimates that Thai car production will increase from 1.

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