Call for Raising Import Tariff on Chinese Tires
Call for Raising Import Tariff on Chinese Tires

Call for Raising Import Tariff on Chinese Tires

Call for Raising Import Tariff on Chinese Tires

Over 80% of tires imported to Iran come from China, says Abbas Abbasi, a member of the Association of Tire Manufacturers, adding that the 20% anti-dumping duty currently in place is not sufficient to protect local manufacturers. “The association has asked the Ministry of Industries, Mining and Trade to raise import tariff on tires to 40% on a temporary basis,” ILNA quoted Abbasi as saying. An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.

Short URL : https://goo.gl/h0FkXT
  1. https://goo.gl/WCj2J5
  • https://goo.gl/ZuJS3t
  • https://goo.gl/3Wbg7k
  • https://goo.gl/2wjG74
  • https://goo.gl/ujIef8

You can also read ...

Iran Turns to Europe to  Shore Up Crude Exports
Iran is banking on customers in Europe to shore up crude oil...
TCCIM Doubles Down on Sound Forex Policies
By keeping the rial overvalued, the administration is in fact...
Iran needs to import around 800,000 tons of rice every year.
The temporary ban on rice imports has been lifted from Nov. 22...
The world’s 66 steelmakers produced 1.41 billion tons of steel during the 10 months, up 5.6% YOY.
Iranian steel mills produced 17.9 million tons of steel since...
Call for Prioritizing Financial  Ties During Visit of UK’s FM
Boosting banking relations with Britain is a top priority of...
Speculations About Gold Rally
The sudden leap in gold coins’ prices and their unprecedented...
For a Successful  Implementation of IFRS
In the Iranian banking world, the IFRS fever has been running...
The new store of South Korea’s largest convenience store chain CU opens in Tehran on Nov. 20. (Yonhap)
BGF Retail Company, the operator of South Korea’s largest...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.