FTI warns tyre AD will hit industry
US move will hurt Thai competitiveness
The Federation of Thai Industries (FTI) expects the US decision to impose anti-dumping duties (AD) on car tyres exported from Thailand to seriously affect Thai industries, including the automotive and agricultural sectors, as Thailand may end up missing export opportunities in the global market, says FTI vice-chairman Kriangkrai Tiannukul.
The FTI is concerned about manufacturers’ loss of competitiveness in the global market as the pandemic is crippling businesses in many countries.
The AD, which is set at 13.25% to 22.21%, is believed to stem from the…
