The Korea Timesopen noticesearchBusinessCompaniesEU tariffs accelerate Korean tire makers' China exitListenListenText SizePrintBy Lee Min-hyungPublished Jul 23, 2026 7:00 am KSTHankook, Kumho, Nexen on path to expand local production in EuropeHankook Tire’s manufacturing plant in Clarksville, Tenn. / Courtesy of Hankook Tire The European Union’s latest anti-dumping tariffs on Chinese-made tires are poised to accelerate a strategic realignment across Korea’s tire industry, prompting local manufacturers to curb their production reliance on China as geopolitical risks increasingly reshape global supply chains. Under the latest regulatory measure, Hankook Tire received an anti-dumping duty of 4.3 percent, while Kumho Tire and Nexen Tire were…
Source: Korea Times Business
