U.S. To Hike Tariffs 25% on $200 Billion Worth of Chinese Imports

USTR’s announcement is in response to President Trump’s tweet May 5 pledging to increase tariffs due to lack of progress in discussions with China. Chinese Vice Premier Liu is expected to arrive in Washington on Thursday to continue trade negotiations. The notice states that an exclusion process will be established for interested parties to file for products […]

Continue Reading
11 Richard J. Kramer GY chinadaily

Goodyear to invest $485 m to raise large-rim-diameter tyre capacity in Dalian plant

[caption id="attachment_2886" align="alignright" width="330"]11 Richard J. Kramer GY chinadailyRichard J. Kramer, chairman, CEO and president of the Goodyear Tire & Rubber Company, gives a speech at the groundbreaking ceremony in Dalian, Liaoning province, Nov 2, 2016. [Photo provided to chinadaily.com.cn][/caption]Goodyear has announced the $485 million expansion of state-of-the-art tyre factory in Pulandian, Dalian, China. The expansion will raise plant capacity by about 5 million tyres annually by 2020.

Continue Reading