MIAMI (Sept. 21, 2009)—China tire distributor Sentaida Group has raised prices 10 percent across the board on all its tire brands in response to new tire tariffs implemented by President Obama, effective today.
General Manager Brian Chung said the Miami-based distributor will increase tire prices a second time two weeks from now, also by 10 percent.
Sentaida distributes a wide range of brands including Sentaida, Delinte, Linglong, Durun, Yartu, Doublestar, Yellowsea, Chenshan, Triangle, Jinglun, Doublehappiness, Taishan, Sonny and Haida.
The company had only begun production at its first factory in Qingdao, China, operating under the name of Chenchelyn Tire Co. Ltd. this past summer.