ETRMA, automotive value chain welcome EU skills agenda

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Brussels – A grouping of four European automotive value chain associations, including the European Tyre & Rubber Manufacturers’ Association (ETRMA), have voiced their support for a skills agenda which was presented to the European Commission 1 July.

In a letter to Nicolas Schmit, European commissioner for jobs and social rights, the associations said the agenda was in line with a 25-point action list published by the four trade bodies in May for the smooth recovery of the automotive industry from Covid-induced slowdown.

“Skilling and up-skilling of the existing workforce and bridging the skills gap between the needs of the industry and the …

Read the source article at European Rubber Journal

India to set up e-trading platform for NR marketing

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KOTTAYAM, India—India’s Rubber Board is setting up an e-trading platform for natural rubber to bring transparency and visibility for buyers and sellers in the market.

Read the source article at Rubber and Plastics News

NAFTA replacement leaves many guessing in auto industry

Imagine being asked to bake a cake but not being told what kind of cake you’ll be baking and knowing you’ll be judged on the results. You might know you need milk, eggs and flour, but whether the cake needs to be chocolate or carrot is pretty important, too, and will change what you pick up during your shopping trip.

Read the source article at Detroit Free Press

Feds are investigating cheap import tire pricing

WASHINGTON — The U.S. Commerce Department said on Tuesday it had opened investigations into vehicle tire imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the are being sold at less than fair value. The department said it was also investigating whether tire producers in Vietnam were receiving unfair subsidies for passenger vehicle and light truck (PVLT) The investigations were in response to petitions filed in May by the United Steelworkers (USW) representing workers at U.S. tire plants. “Even though demand for PVLT increased, domestic producers were still forced to grapple with reduced market share, falling profits …

Read the source article at Autoblog

TIA Issues Statement on ‘Invest in America Act’

On June 3, the House Transportation and Infrastructure Committee released draft text of a five-year, $494 billion surface transportation reauthorization bill entitled the “Investing in a New Vision for the Environment and Surface Transportation in America Act” or the “INVEST in America Act.”

The bill includes $411 billion in contract authority from the Highway Trust Fund for highway, transit, safety and research programs. $319 billion is the portion allocated for the Federal-aid highway program under the Federal Highway Administration.

 

Read the source article at Tire Review

U.S. tire shipments to fall nearly 18% in 2020 — Ustma

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WASHINGTON — U.S. tire shipments could fall to their lowest levels in decades, a result of COVID-19 pandemic-induced lower demand, according to a shipments update from the U.S. Tire Manufacturers Association.

Read the source article at Tire Business

New North American trade pact to take effect July 1: USTR – Reuters

WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada Agreement (USMCA), which replaces the 26-year-old North American Free Trade Agreement (NAFTA).

Read the source article at reuters.com

China’s tire exports record two-digit dips in first quarter

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Beijing – China’s tire exports fell 11.3% year on year in the first quarter of 2020 to 102 million units, according to latest figures by General Administration of Customs.

Export value – presented in US dollars –  for the quarter stood at $3 billion (€2.8 billion), representing a 13.2% drop year-on-year, the Chinese agency noted. Weight of such exports fell by 6.9% to 1.3 million tonnes.

Read the source article at European Rubber Journal

Mexico auto lobby urges government to keep border open for business

MEXICO CITY (Reuters) – The Mexican Automotive Industry Association (AMIA) on Monday urged the government to keep goods flowing across the U.S.-Mexico border despite the coronavirus outbreak in a bid to help automakers weather the crisis. In a statement, AMIA also asked for regional content rules under a new North American trade agreement not to […]

Read the source article at Global Rubber Markets News

USMCA rush amid pandemic adds to concern

Reports that the Trump administration was considering a June 1 start date have stirred concern among auto makers, parts suppliers and trade groups that say the deadline, which they say is premature, could disrupt a smooth transition from NAFTA to the new trade deal, especially as the outbreak worsens.

 

Read the source article at Rubber and Plastics News