“If the special security case can be cancelled at that time, it is of course beneficial for China’s tire exports to the United States. This is a big market. The only thing we can do now is to wait. After all, there is still a month or so.†August 20, Shandong An unnamed staff member of Triangle Tire Co., Ltd. said in an interview with reporters. Similarly, Gupo Chengshan (Shandong) Tire Co., Ltd. also said that although the company is a joint venture with the United States, the impact of the special security case is not large, but if it can be canceled, this is still a big advantage for the company, profits should increase . The reporter learned from the just-concluded 2012 Tire Export Work Conference held by the Tire Branch of the China Rubber Industry Association that the three-year US Tire Safeguard measure will expire on September 26. At that time, whether China's tire industry can "become a second degree", for this reporter conducted a survey interview. In September 2009, Obama announced the implementation of a three-year punitive tariff on imported sedan and light truck tires, that is, tying tires imported from China in the first year based on the original tariff of 4%. % tariff, 30% tariff increase in the second year and 25% tariff in the third year. It is understood that the proportion of export tires in China accounted for about 42% of production in recent years. The stability of the export market is related to the healthy development of the tire industry in China. “The United States is one of the important markets for Fujian Jiatong Tire Co., Ltd.’s export products. In 2008, the company’s sales of passenger and light truck tires for the US market accounted for about one-quarter of its annual sales revenue. The US government is targeting China this time. The tire-producing special protection measures are expected to have an adverse impact on the company's future sales in the U.S. market. The specific impact amount cannot be accurately estimated yet.†September 15, 2009, Fujian Jiatong’s parent company, Jiatong Tire, was "Tong Tire Co., Ltd.'s Notice of Risk Warning on US Tire Special Safeguard Cases" prompts investors in this way. It is understood that Giti Tire has five bases in China. Fujian Jiatong is the largest exporter of tires from Fujian Province to the United States. From January to August 2009, exports to the United States accounted for 45.03% of all exports of the company. In 2009, a number of domestic tire companies were affected, such as Guangzhou Huanan Rubber Tire Co., Ltd. and Xiamen Zhengxin Rubber Co., Ltd. “We have not lost the U.S. market in the past three years. The impact of the special security case is not significant. Now that the special security case has almost expired, it still needs to be observed for some time.†August 20, Jiatong Tire Co., Ltd. Securities Department staff said in a telephone interview with reporters. “The export market in the second half of the year will not be worse than the first half of the year. Our main market, the US market, has recovered relatively smoothly. Other markets such as South America, Southeast Asia, and the Middle East are also relatively good. In September, the US special security case will expire, from Currently, it is not likely to see a postponement. This is beneficial to the export of China’s tire companies,†said Cai Weimin, secretary-general of the tire committee of the China Rubber Association. The relevant person in charge of the Putian City Inspection and Quarantine Bureau in Fujian also stated that the expiration of the US tire special security case will bring three benefits to the company: First, export profits will increase substantially. After the special security case, companies can reduce foreign importers. Special tariff burden, according to conservative estimates of enterprises, after the cancellation of special tariffs, companies are expected to increase their export profits by 5%; Second, orders in the United States market will increase substantially, and only one new Walmart customer in the United States will increase orders by about 15% annually. Third, export varieties will be more diversified. According to statistics, in the first half of the year, the export of passenger car tires in China reached 732,000 tons, an increase of 11.3% year-on-year, and the export of trucks and passenger car tires was 1.122 million tons, a year-on-year increase of 20.8%. Relative to the previous optimistic industry insiders, Cao, Manager of Xiamen Zhengxin Rubber, was not very optimistic when interviewed by reporters. He said that after the expiration of the special security case, the company will make appropriate adjustments to the export market in accordance with global policies and the needs of its own specific circumstances. At the same time, he also expressed worry: "Maybe the United States will set another case on the same day." It is understood that on November 1, the EU Tire Label Law will be formally implemented. Ling Mei, general manager of overseas marketing department of Linglong Group Co., Ltd., reminded industry players that the three-year special security case should teach tire companies how to deal with the market safely and adjust prices. Domestic companies should also learn that Thai rubber companies are cohesive when the market is bad. She believes that every company should hold the bottom line of prices in order to fully demonstrate the characteristics of its products, and should not rely on price wars to occupy the market. Xu Wenying, executive deputy secretary-general of the China Rubber Industry Association, also reminded companies that since the beginning of this year, the number of trade friction cases against the rubber industry in China has reached six. When the U.S. safeguard case expired in September, the United States is the country with the largest number of tire exports in the country, so companies must pay attention to this. Knit Dress Knit Dress
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