EC provisionally reduces Chinese truck tyre tariffs to €38.87 for most manufacturers
On 4 May, the European Court of Justice revoked the European Commission’s anti-dumping and anti-subsidy tariffs on Chinese-produced truck tyres. However, the European Commission reopened its investigation into such products shortly after (Photo: S. Hermann & F. Richter; Pixabay)
The European Commission has provisionally recalculated anti-Chinese-produced truck tyre import tariffs to between €21.12 and €61.76 per tyre, equating to a reduction of between 0 and 51 per cent, depending on the manufacturer. Consultation on the provisional recalculation is now open until 23 January, before the final determination will be made on 25 January 2023.
Tyres & Accessories understands that most manufacturers will face a rate of 38.87 euros per tyre, with Hankook the best off at 21.12 euros per tyre) and Aeolus/Prometeon, Giti Group and Zhongce Rubber facing 42 to 49 euros per tyre depending on which company. Weifang Yuelong Rubber and Hefei Wanli Tire are said to be the worst hit, facing tariffs of 61.76 per tyre.
German tyre trade and vulcanisation association, BRV, published some details of the recalculation in a newsletter published on 11 January 2023, stating that “If the announced tariffs are imposed at the end of the investigation procedure (probably in 2-3 months), the tyres imported since 9 July 2022 would be charged accordingly or any differences between the “old” and “new” tariffs that have arisen since the introduction of tariffs in 2018 reimbursed.”
The tariff recalculation follows the annulment of previous EC tariffs as the result of a case brought by CRIA (China Rubber Industry Association and the CCMC Chamber of Commerce (China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters) in July 2022. Back then, the European Court of Justice upheld certain parts of their case on 4 May 2022. As a result, import duties for Chinese truck/bus tire imports were no longer imposed from 9 July 2022.
Commenting on the news, Corrado Moglia, European general manager of CRIA member Triangle Tyre Co. Ltd said: “The recalculated tariffs are not effective yet and might (theoretically) also be adjusted again after the new hearing that will take place with the EC on 25 January.
“We strongly hope and we trust that the annulment of the tariffs will make the EC aware that the reasons why they were imposed in 2018 were actually not valid, and today it is even more evident that the only disadvantage of higher prices due to the tariffs is on the shoulders of transporters, fleets and finally the consumers.”
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