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Tire Business 05/28/2020 17:20
WASHINGTON — After holding the distinction of being the U.S.'s largest trading partner in the field of new tires for the better part of the past decade, China slid to No. 5 last year as the value of its imports plunged nearly 50%. Thailand, No. 5 on the list as recently as five years ago, is ensconced firmly on the top rung of the importers' ranking with shipments valued at $2.79 billion, up 25% over 2018 and nearly twice that of No. 2 Canada. Thailand solidified its claim to the No. 1 spots in terms of passenger and light truck tires with double-digit growth in both categories and took over the spot in the truck/bus tire category as well as the effect of elevated import duties on commercial tires from China ate into that country's numbers.
Tire Business 05/27/2020 21:35
NORTH CANTON, Ohio. Business in mid-May was better than a month earlier, but it's still down from a year ago. And good technicians still are hard to find. That's the sentiment among a number of independent tire dealers around the U.S. The COVID-19 pandemic and the response to containing it stifled demand for tires in March and April. Now, as restrictions are being lifted around the country, tire dealers are hoping for a well-traveled summer full of foot traffic and sales. Throughout the coronavirus pandemic, Tire Business has kept in contact with a number of tire dealers around the country for periodic updates on how their businesses are adjusting.

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