· Brazil's policy changes to China will benefit tires

According to foreign media reports, a senior Brazilian government official who directly understands the situation said that Brazil plans to recognize China's market economy status.

The official who asked for anonymity because the information was not made public said that not recognizing China's market economy status has the risk of causing disputes between Brazil and its important trading partners.

China-Pakistan tire trade volume grows fast

According to the agreement of China's accession to the World Trade Organization (WTO) in 2001, other countries should give China's market economy treatment after 15 years, that is, December 2016.

The above-mentioned anonymous official said that recognizing China's market economy status will lead to the end of anti-dumping duties on Chinese goods.

It is reported that the Brazilian government is studying the impact of the decision on its domestic industry and other methods to help the manufacturing industry.

Some insiders said that if Brazil recognizes China's market economy status, it is undoubtedly a big good thing for China's tire industry.

As the country farthest from China in the BRICS, Brazil is now getting closer to China: Brazil is China's largest Latin American trade partner, and China is Brazil's largest trading partner.

Among them, the tire trade volume between the two countries is increasing year by year, and more and more Chinese tires are sold to the Brazilian market.

On the other hand, the Brazilian Industrial Confederation (CNI) also stated that the Pakistani government should adopt the same policies as the EU and the United States, otherwise there will be a flood of Chinese products into Brazil.

Brazil repeatedly anti-dumping against Chinese tires

According to Tire World Network, while trade is growing, Brazil has also become one of the countries with the most frequent anti-dumping measures against Chinese products in developing countries.

Almost all tire products in China have been subjected to anti-dumping investigations in Brazil.

At the end of 2015, Brazil launched an anti-dumping investigation on agricultural tires in China and expanded the scope of investigation. A total of 45 Chinese tire companies were involved.

Among them, Guizhou Tire, Qingdao Qihang Tire, Qingdao Honor Tire, and Zhongce Rubber Group were listed as sampling companies.

Prior to this, Brazil extended the anti-dumping investigation period against Chinese truck tires to 2020, and imposed an anti-dumping duty of 1.12-2.59 US dollars/kg on Chinese truck tires.

Brazil’s anti-dumping against Chinese-made passenger car tires earlier, anti-dumping duties up to 2.14 US dollars / kg (tax rate 69.5%).

In 2014, Brazil decided to impose an anti-dumping duty of 0.28-3.85 US dollars/kg on bicycle tires imported from China, with a taxation period of 5 years.

In addition, other related products in the Chinese tire industry have also been affected.

In 2014, Brazil began to impose anti-dumping duties on precipitated silica (silica) imported from China, with a total tax rate of US$63.39/ton, US$256.09/ton, and US$594.41/ton. The taxation period is 5 years. Terminated on April 24, 2019.

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