ITC Holding Final Hearing on AD/CVD Rates in 2017 - Tire Review Magazine

ITC Holding Final Hearing on AD/CVD Rates in 2017

The International Trade Commission will hold a hearing to make its final determination on anti-dumping and countervailing duties on truck and bus tires from China in January 2017, the Federal Register reports.

The ITC will hold the hearing at 9:30 a.m. on Jan. 24, 2017, at the U.S. International Trade Commission Building. This will be the final hearing to determine Chinese truck and bus tires are materially injuring, or threaten to materially injure, industry in the United States.

Requests to appear at the hearing must be filed in writing with the Secretary to the Commission on or before Jan. 18, 2017. According to the Federal Register, “a nonparty who has testimony that may aid the Commission’s deliberations may request permission to present a short statement at the hearing. All parties and nonparties desiring to appear at the hearing and make oral presentations should participate in a prehearing conference to be held on January 20, 2017, at the U.S. International Trade Commission Building, if deemed necessary.”

Preliminary Results: AD

The Department of Commerce issued a correction to its preliminary anti-dumping duty determination in October after two “significant ministerial errors” lead to greater tariffs for every manufacturer and importer.

Due to an error made in the calculation of estimated weighted-average for Prinx Chengshan (Shandong) Tire Co. (PCT), the tiremaker’s anti-dumping rate grew from 20.87% to 30.36%. Since the DOC used PCT’s initial tariff for all other “non-selected respondents” during its first announcement, rates from non-selected respondents also increased to 30.36%.

Preliminary Results: CVD

The DOC’s preliminary determination assigned CVD rates ranging from 17.06 to 23.38% to counteract a tire exporters artificially low prices that result from government subsidies. Those directly affected by the ruling include Double Coin Holdings Ltd., which produces tires for China Manufacturers Alliance (CMA) in the U.S., with a CVD rate of 17.06%, and Guizhou Tyre Co. with a CVD rate of 23.38%. All other Chinese tire producers were issued rates of 20.22%.

Additionally, Guizhou Tyre was found to be in violation of critical circumstance and must pay duties on any imports to the U.S. going back 90 days from the determination. Critical circumstance prohibits shipping at a frenzied rate following a filed complaint. The DOC found Double Coin did not violate critical circumstance.

You May Also Like

Nexen Tire to be the official tire partner of the San Diego Padres

Nexen Tire will be featured on a variety of marketing assets, including billboards and in-ballpark branding at Petco Park.

Nexen-Tire-Padres

Nexen Tire America recently revealed a multi-year partnership with the Major League Baseball team San Diego Padres, spanning the 2024-27 seasons. As the Padres' exclusive tire partner, Nexen Tire will be featured on a variety of marketing assets, including digitally enhanced billboards, in-ballpark branding, mound signage, and more, at Petco Park. In 2023, the Padres drew the second-highest attendance in all of MLB.

Autel Energy Showcases EV Charging Solutions, Electrified Bronco at CES

At CES, Autel Energy showcased its suite of EV charging solutions and an electrified 1969 Ford Bronco.

Autel-U.S.-Enters-EV-Charging-solutions-Industry
2019 Newsmakers: Bridgestone Americas

Nearly all products in the Firestone family of tires have been upgraded over the past three years, and Bridgestone is on track to have all of its consumer tire portfolio across both the Bridgestone and Firestone brands either upgraded or replaced by the end of 2020.

Bridgestone-Newsmakers-800x400
2019 Newsmakers: Nokian Tyres

Nokian Tyres opened its first U.S. manufacturing facility and launched numerous new products. See what’s in store for 2020.

Newsmakers-Nokian-800x400
2019 Newsmakers: Nexen Tire America

Nexen Tire opened its North American Technology Center and debuted the Roadian GTX. Find out what’s in store for 2020.

Nexen-Newsmakers-800x400

Other Posts

WGH to recall up to 520,000 Terrain Attack, Terrain Pro winter tires

The tires are labeled as snow tires, but do not have sufficient traction to perform in all snow weather conditions, according to the National Highway Traffic Safety Administration.

Recall
K&R Tire Center to host grand opening of new Flint, MI location

The company said it will have representatives from Goodyear, local customers and dealership representatives on hand to celebrate.

KR-Tire-center
Bridgestone Retail Operations rolls out brand refresh for Tires Plus, Hibdon Tires Plus

Updates to the logo include a single-color tire mark; a logo palette comprised of Tires Plus yellow, black and red; and refined typefaces.

Tires-Plus-new-branding
Yokohama’s Advan Sport V105 tires will be OE for Subaru Impreza in Europe, Latin America

Yokohama said the tire enhances the car’s handling stability and comfort while reducing rolling resistance.

Yokohama-Advan-Sport-V105