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Bangkok Post - Loans for electric vehicles poised to expand

FTI warns tyre AD will hit industry

news FTI warns tyre AD will hit industry The Bangkok Post US move will hurt Thai competitiveness © The Bangkok Post Between 18.5 and 19.2 million tyres are estimated to be exported to the US during the first half of 2021. Pawat Laupaisarntaksin 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.