How offshoring helps Chinese tyre exporters cope with new US tariff blows

Quick Summary:

Foresight in building offshore factories to benefit Qingdao Sentury, Sailun Group as exporters navigate higher US tariffs on auto parts.

Export-oriented Chinese producers, already subject to US anti-dumping and countervailing duties on heavy-duty tyres totalling 30 to 86 per cent since 2019, have invested in factories in Southeast Asia over the past decade to globalise their production and mitigate increasingly hostile trade policies.

Higher-priced global brands like France’s Michelin and Japan’s Bridgestone, which have a higher sales exposure to the US market, are thus more vulnerable to margin erosion, they noted.

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Article Details

Author / Journalist: Eric Ng

Category: Business

Markets: Hong KongFranceJapanSouth KoreaThailand

Topics: Tyre Brands Cheaper Chinese Trade Manufacturers Consumers Analysts Tyres Global Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 18:30:08 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 207 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28096453

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