European Auto Parts & Equipment: EU Tyres: EC announced anti-dumping tariffs on Chinese imports averaging 24.4%, 45.3% at the high end. Helpful for sentiment

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European Auto Parts & Equipment: EU Tyres: EC announced anti-dumping tariffs on Chinese imports averaging 24.4%, 45.3% at the high end. Helpful for sentiment

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07 Jul 2026 05:01:23 ET │ 14 pages

European Auto Parts & Equipment

EU Tyres: EC announces anti-dumping tariffs on Chinese imports

averaging 24.4%, 45.3% at the high end. Helpful for sentiment

CITI'S TAKE

We expect a positive sentiment boost to Tier 1 tyre companies Michelin,

Goodyear, Continental and Pirelli on today's announcement from the

European Commission to impose definitive anti-dumping duties on Ross MacDonaldAC

imports of passenger car and light CV tyres from China, following a year- +44-20-7986-7547

long investigation into allegedly dumped imports deemed to have caused ross.macdonald@citi.com

material injury to EU producers. The measures cover new pneumatic Harald C HendrikseAC

rubber tyres used on passenger cars, buses and light commercial vehicles +44-2075-0858-10

and are intended to offset unfair pricing by Chinese exporters. The harald.hendrikse@citi.com

Commission found significant dumping/injury, particularly in the lower-

priced “tier 3” segment of the market, where Chinese imports gained Soumava Banerjee

substantial market share at prices that undercut EU manufacturers. The +44-20-7986-4126

soumava.banerjee@citi.com duties apply in addition to the EU’s normal customs tariff and take effect

from today, covering Chinese-passenger car tyres sold into the bloc

averaging 24.4% for cooperating companies, 45.3% for other players and

a lower 4.3% for Hankook entities.

Why it matters: Although most EU tyre players continue to focus on a "Value over

Volume" strategy and the extraction of value from the growing 18"+ segment of the