8 Jan 2024
Initially imposed in February 2019, trade barrier included anti-dumping and countervailing duties
Washington – The US International Trade Commission has launched a sunset review for anti-dumping and countervailing duties currently imposed on the imports of truck & bus tires from China.
In a 2 Jan notice, the commission said it aims to determine whether the revocation of the antidumping and countervailing duty orders on TBR imports from China would “lead to continuation or recurrence of material injury.”
In February 2019, the US Department of Commerce introduced countervailing duties ranging from 20.98% to 63.34% and antidumping duties of 9.00% to 22.57% on Chinese TBRs.
The decision was made in response to a 2017 petition by the United Steelworkers union.
Among the tire makers targeted by the move, Guizhou Tyre Import & Export Co. Ltd. and Guizhou Tyre Co. Ltd. received the highest countervailing duty, at 63.34%.
Shanghai Huayi Group Corp. Ltd., Kunlun Tyre Co. Ltd., Double Coin Holdings Ltd. and four other Double Coin companies received countervailing duties of 20.98%.
An 'all-others' rate, covering those companies not specifically identified, was set at 42.16%.
In terms of antidumping, nearly 300 separate tire importing entities were levied antidumping duties of at least 9%.
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