HUBEI, China—Shandong Linglong Tire Co. Ltd. is shifting some supply of radial truck/bus tires for the U.S. market to its new plant in Serbia from Thailand ahead of potential trade barriers being considered by the U.S. government.
In a Nov. 21 "investor exchange event," the Chinese tire maker said it expected a final ruling by the U.S. government on antidumping duties tariffs on TBRs originating from Thailand in May 2024. The U.S. International Trade Commission is expected to issue its preliminary findings in the case in early December.
Linglong said it will use its advantage of "dual bases" overseas to counter such tariffs, particularly shifting production of tires for the U.S. market to its plant in Zrenjanin, Serbia.
The Zrenjanin facility started operation in November last year and, according to Linglong, production there is "still continuing to ramp up".
The group aims to complete a second-phase increase in TBR production "in the first half of next year," towards achieving full capacity of 1.6 million units/year at the Serbian factory. .
"We can adjust the shipment-flow and transfer all-steel orders for the U.S. market to Serbia for production, effectively coping with U.S. trade barriers," Linglong said.