English.chinabuses.com: According to the news from Hankook Tire Company reports that it falls the most in three months in Seoul trading after the US levied a 35-percent tariff on Chinese-made tires. Seoul-based Hankook, which exports about 12 percent of its Chinese output, will switch to shipping tires from South Korean plants.

Hankook Tire Company has two plants in China and is one of the world's largest and fastest growing tire manufacturer for radial tires for passenger cars, light trucks (SUVs, RVs, and etc.), trucks, and buses. Hankook Tire also develops cutting-edge technologies to upgrade customer satisfaction through high-quality products. Through sales in 185 countries around the world, Hankook Tire is ranked 7th in global sales revenue.