Rise in Tyre Prices: EU Prepares 45% Tariffs on Chinese Wheels
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The EU tariffs on electric cars from China are having varying degrees of impact on European countries. This is shown in a discussion paper published on Tuesday by economist Georg Stadtmann of the European University Viadrina in Frankfurt (Oder). According to the author, the same trade policy border does not have the same economic significance for all EU member states; what matters is the economic structure it affects. France sees the tariffs pri…
The European Commission has put the magnifying glass on tyres coming from China. The Community institution has opened an anti-dumping investigation that could end up with tariffs of up to 45% on tyres for passenger cars and light commercial vehicles manufactured in the Asian giant. If the measure prospers, the price of wheel change will skyrocket for drivers who opt for economic brands. The decision is not yet closed, but all points to the fact …
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