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Tariffs Will Affect Tire Industry; Rubber Market
592 Views05 Feb 2025 11:00
Tariffs – either a beautiful word, or the overture to a global trade war, depending on who is speaking. The new administration in the White House has declared – and then delayed – 25% tariffs on its closest neighbours and biggest trading partners, Canada and Mexico. The United States has also announced 10% tariffs on all goods coming in from China, and China has responded with its own import tariffs on US-imports.
What is covered in the Full Insight:
- Introduction to Tariffs in the Tire Industry
- Current Import Dependency in the U.S.
- Impact of Tariffs on Trade Partnerships
- Responses from Tire Manufacturers
- Outlook and Strategic Considerations
SUMMARY
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