皇冠体育app

The developing dispute over US tariffs of Chinese-made tires is likely to drive prices higher for Americans as Chinese tire producers appeal for a collective price hike to soften the blow from the recently approved tax.

Chinese tire exporters are also urging the government to offer higher tax rebates, said Zhou Zhiyong, general manager of 皇冠体育app's largest tire exporter Guangzhou Huanan Rubber Tire Co Ltd.

"Chinese tire producers have reached a consensus that we are going to raise the price on tire exports to the US by large margins," Zhou told Guangzhou Daily. He added that the move would make American consumers feel the pain caused by the new tariff.