Adding to prevailing trade tensions following Trump tariffs, the European Commission has launched a formal investigation into the alleged dumping of passenger-car and light-lorry tires from China. Brussels sharpens its trade defences on a complaint from the EU tire producers amid growing unease over low-cost Chinese imports.
Highlights
• Investigation covers HS codes 40111000 and 40112010
• China criticizes EU protectionism, warns of market impact
• EU tire makers to benefit but consumers may feel the pinch