It didn't take long for the truck tire tariffs to be implemented. On Jan. 30, 2019, the International Trade Commission reversed an earlier decision and ruled the U.S. tire market was being harmed by the importing of truck and bus tires from China.
China made a big comeback in 2018 in the truck tire market.
The European Union (EU) has announced its final decision concerning the introduction of anti-dumping tariffs on truck and bus tires -- along with retreaded tires -- that are specifically produced in China.
The industry campaign to support tariffs on low-cost imported truck tires from China has taken another step forward. The Retread Instead initiative is asking its supporters to join a letter-writing campaign to members of the U.S. Senate.
Attorneys for the United Steelworkers (USW) have laid out their case with the ways they believe the International Trade Commission (ITC) erred in February when it didn’t order tariffs on truck and bus tires from China.
Steep increases in raw material prices dropped Apollo Tyres Ltd.'s first-quarter net profit by 72%.
The International Trade Commission (ITC) is a step closer to having a full six-person membership. Jason Kearns, who had been nominated to the commission by President Barack Obama days before he left office, is expected to be re-nominated for the same post by President Donald Trump.
When it comes to medium truck tires, fuel efficiency and cost-per-mile considerations remain priorities, but there are other trends driving the segment as well.
Cooper Tire & Rubber Co. posted net income of $71.3 million on net sales of $740.3 million for the second quarter of 2016. That compares to income of $60.4 million on sales of $751.8 million for the same period the previous year.