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Showing research about Thailand

20210915-top-glove-origins-600x400

Reduced by WRO, Top Glove imports face competition

Top Glove, a maker of rubber gloves, was freed from a withhold release order issued in July 2020, alleging forced labor in Malaysian manufacturing. Imports of gloves, of which 70.8% in 2020 came from Malaysia, had fallen by 75.7% year over year by Q2 and 85.2% year over year in July and August... Read more →

20210825-retail-sales-600x404

Walmart takes control of shipping to meet retail demand

U.S. retail sales grew by 13.9% in July estimates, continuing a long string of growth that is tapering off. Some of this may be driven by a slowdown in non-store retail that only grew by 3.7%, potentially indicating that e-commerce is hitting headwinds, while imports of consumer discretionary ... Read more →

20210825-solar-countries-1-600x401

LONGi, JinkoSolar power imports despite safeguards

The U.S. International Trade Commission is starting a review of solar panel safeguard duties under Section 201. This a scheduled review as part of the safeguard duty process every five years. U.S. import data shows that the safeguards have not been particularly effective in decreasing imports,... Read more →

20210628-tires-macro

Hankook, ATD move out ahead of tire duties

The U.S. government has determined that imports of passenger and light truck tires (PVLT) from South Korea, Taiwan, and Thailand were dumped in the U.S. below cost. Additionally it determined that imports from Vietnam were subsidised via currency manipulation but not otherwise dumped below cos... Read more →

20210526-tire-origins

Yokohama, Toyo tire bounce shows limits of tariffs

The U.S. government has set tariffs of as much as 101.8% on imports of passenger vehicle and light truck (PVLT) tires from four countries including Vietnam. The case includes the first final tariff decision that has factored in currency manipulation as a subsidy, adding up to 7.9 percentage po... Read more →

20210426-top-glove-corp

Top Glove pumps up shipments ahead of forced labor block removal

Rubber glove maker Top Glove has stated that an independent review shows issues linking it to forced labor accusations have been resolved. The firm will be hoping to overturn the U.S. government’s Withhold Release Order on its imports linked to the accusation. U.S. seaborne imports linked to t... Read more →

20210416-tires-macro

Sentury, Cooper scale up tire imports as rubber concerns rise

Concerns are emerging regarding the availability of rubber for auto tires, with Carlstar Group stating they will “take materials as fast as (suppliers) can get them to” the firm. The potential shortage falls on an industry already beset by poor semiconductor availability, though a dearth of ti... Read more →

20210302-puma-seasonal

Puma leaps logistics challenges in Q4’20

Puma SE has reported Q4’20 revenues which rose by 2.8% year over year as the sportswear maker managed to improve profits by “good inventory management”. That factor can be seen in U.S. seaborne imports linked to the firm which dropped by 34.1% year over year in Q4’20, with signs of an improvem... Read more →

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