FTI: Tyre probe stems from spat - News Summed Up
FTI: Tyre probe stems from spat

FTI: Tyre probe stems from spat

July 15, 2020 23:15 UTC

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FTI: Tyre probe stems from spat


Kriangkrai Tiannukul, FTI vice-chairman, believes the latest probe is related to the trade war. "The US is watching this movement and allegedly trying to use a trade barrier on Chinese products," Mr Kriangkrai said. The 2019 imports of PVLT tyres from Thailand were valued at $1.96 billion. The FTI said the US will start investigating this case on July 26 and those countries will be allowed to clarify their allegations. The FTI said Chinese companies use Thailand as an export base for products ranging from tyres, processed food and other rubber products.


Source: Bangkok Post July 15, 2020 23:15 UTC



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