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Us tariffs on Chinese aluminum wheel exports to halve?

Date:2019-06-19 View:497

Starting from this Saturday, the U.S. government will officially begin imposing a 25% tariff on Chinese-made aluminum wheels. As accounting for nearly half of the Chinese aluminum wheel exports to the destination country, the United States to China after the imposition of high tariffs, how much influences on the domestic aluminum wheel enterprises?


According to our opinion, because the US market is so dependent on Chinese aluminium wheels, it is impossible to find a suitable import substitute in the short term because no other country can export aluminium wheels of this scale to the US. The direct result of this action of the United States is to increase the import price of the United States itself, putting the automobile manufacturing industry in a dilemma.

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