The hottest us wants to impose special tariffs, an

2022-10-14
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The United States wants to impose special tariffs, and the price of rubber fell sharply

this week, Shanghai rubber was caught in a high regional shock consolidation trend. On Thursday, there was a rumor that many experts of the U.S. International Trade Commission on June 29 also said that they had decided to take special protective measures against Chinese tires and impose three special tariffs. Affected by this bad rumors, Shanghai Jiaotong fell sharply in response to the call. The main contract ru911 rushed up to the area of 15500-15600 yuan, and fell back to 15100-15200 yuan. The disk was characterized by a weak position increase at current prices, and the short side incremental funds were more active

in June, the North American Federation of steel workers (uswa) said in its indictment that in the past five years, the import volume of U.S. tires has nearly tripled, while the production of domestic consumer tires has shrunk by more than 25%, and Chinese tires account for 17% of the U.S. market. According to rule 421 of the trade law, the number of tires that China is allowed to export to the United States is required to be reduced by more than half, from 46million last year to 21million. And urged Obama to impose restrictions on imports of Chinese tires. The Ministry of Commerce of China has sent people to the United States to respond to the lawsuit, and the final result will be announced in mid July

at present, the annual export volume of Chinese tires accounts for more than half (280million) of the total output (550 million), while the sales volume of North America accounts for 1/4 of the total domestic tire output (140 million). According to the output calculation in 2008, if half of the output of China's tires exported to the United States is reduced, it means that China will have nearly 12% of the remaining tire production capacity, that is, a huge surplus of 66million tires, and the U.S. market will have a huge impact on China's tire exports. Therefore, China's tire exports may encounter anti-dumping, which will have a significant negative effect on Tokyo rubber and Shanghai rubber

in addition, the Brazilian Foreign Trade Commission also decided on June 18 to impose anti-dumping duties on passenger car and truck tires imported from China, and may impose anti-dumping duties on light car tires imported from China in the future. It is reported that in the past six months, Brazil has imposed a "provisional" anti-dumping duty of US $1.33 per kilogram on passenger and truck tires manufactured in China with specifications of 20, 22 and 22.5 inches. The decision made on the 18th formalized the anti-dumping duty, which will take effect from June 18th, 2009, when the development prospects are very optimistic, and will be valid for five years

according to the Ministry of Commerce on July 1, the U.S. International Trade Commission decided on June 29 to take special safeguard measures against Chinese tires and impose three special tariffs. The committee made an affirmative ruling on June 18, ruling that China's low-cost tires disrupted the U.S. market. On June 29, he suggested that President Obama impose three additional tariffs on imported Chinese low-cost tires, and said that importing Chinese tires was hurting the U.S. tire industry. According to the special tariff plan announced by the United States, its first to third tariffs on imported tires from China are 55%, 45% and 35% respectively. The Commission pointed out in a statement that adopting the above tariff level would be a remedy for disrupting the U.S. market

on July 1, the Chinese Ministry of Commerce has urged U.S. President Barack Obama and the office of the U.S. trade representative to reject the proposal of the U.S. International Trade Commission to impose additional tariffs on imports of Chinese tires. The Ministry of Commerce accused the above proposal of the U.S. International Trade Commission of lacking factual basis, and said that China's tires exported to the United States did not disturb the market order. The Ministry of Commerce said that the preparation technology of new metals and metal matrix composites with low density, high strength, high elastic modulus and fatigue resistance; The recommendations of the U.S. International Trade Commission, such as the preparation of metal matrix composites with wear resistance, corrosion resistance, improved conductivity and heat conductivity and surface modification technology, may send the wrong signal of trade protectionism to the United States and the international community, and create more trade frictions against Chinese products. The announcement said that this will have a negative impact on China's foreign trade environment and the stable development of Sino US economic and trade relations. The Ministry of commerce also said that China reserves the right to resort to the WTO dispute settlement mechanism

to sum up, once the trade friction between China and the United States on rubber products, including tires, breaks out, it will have a significant negative impact on the global rubber market. If President Obama vetoes the affirmative ruling of the U.S. International Trade Commission in September, it will have a restorative and mild beneficial effect on the global rubber market. As the event has not been finalized, Shanghai Rubber fell despite short-term resistance, However, in the medium term, the trend of regional shock consolidation will still be maintained, and it is difficult to see a unilateral sustained deep fall

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