DOC Issues Truck Tire Duties Higher than Preliminary Determinations - Tire Review Magazine

DOC Issues Truck Tire Duties Higher than Preliminary Determinations

The U.S. Department of Commerce (DOC) has issued its final ruling on import duties on truck and bus tires from China in both the countervailing duties and anti-dumping investigation. While the anti-dumping duties have dropped from the preliminary investigation, countervailing duties increased significantly.

The U.S. Department of Commerce (DOC) has issued its final ruling on import duties on truck and bus tires from China in both the countervailing duties and anti-dumping investigation. While the anti-dumping duties have dropped from the preliminary investigation, countervailing duties increased significantly.

The DOC found that there was in fact dumping of tires by Chinese manufacturers. Both mandatory respondents Prinx Chengshan (Shandong) Tire Co. Ltd. and Double Coin Holding Ltd. were issued a dumping margin of 9%. Non-selected respondents also received a rate of 9% and all other producers/exporters in China that are part of the China-wide entity received a rate of 22.57%.

These anti-dumping rates are lower than the 30.36% rate assigned to both Prinx Chengshan (Shandong) Tire Co. and all other non-selected respondents in its Oct. 12, 2016 decision.

These duties are just half of what’s being applied to Chinese truck tire imports.

The DOC has more than doubled some of its preliminary duties in the countervailing duty investigation.

The DOC has assigned a final subsidy rate of 38.61% for Double Coin Holdings, a 65.46% rate for Guizhou Tyre Co. and a 52.04% for all other producers/exporters in China. In its preliminary determinations on June 28, 2016, rates were 17.06%, 23.38% and 20.22% respectively.

As a result of the ruling the DOC will instruct U.S. customers to collect cash deposits from the Chinese truck and bus tire importers.

The case is still under review by the International Trade Commission, which is scheduled to make its final injury determinations on March 6. If the commission “makes affirmative final determinations that imports of truck and bus tires from China materially injure, or threaten material injury to “the domestic industry,” the anti-dumping and countervailing duties will be instated.

 

 

You May Also Like

Yokohama Rubber reveals 2024 motorsports activity plan

Yokohama said participation in motorsports activities is crucial to its efforts to strengthen the Advan and GeoLandar brands.

Yokohama-Nitrocross

Yokohama Rubber revealed its motorsports activity plan for 2024. The company said participation in motorsports activities is crucial to its efforts to strengthen the Advan and GeoLandar brands and is again participating in a wide variety of motorsports events around the globe, from top-category to grassroots events.

Yokohama Rubber will again supply its Advan tires to many teams participating in motorsports events, such as Japan’s Super GT, the Nürburgring 24-Hour Race and the Pikes Peak International Hill Climb. Yokohama Rubber’s GeoLandar tires will be supplied to teams participating in off-road races in North America and Asia, including the Baja 1000, King of the Hammers, the Mint 400 and the Asia Cross Country Rally.

TIA’s Advanced Farm Tire Service training to take place in June

The training class for technicians in the agricultural and farm tire industries is set to take place June 11-14.

TIA_training-
Maxxis-sponsored athletes make podium, overall top 10 at Mint 400

Maxxis athletes Michael McFayden, Ethan Ebert and Trey Gibbs had podium finishes at the Mint 400 on Maxxis RAZR XT tires.

2024-mint400-maxxis
Sun Auto Tire reveals winner of Ford Bronco Sport giveaway

Lowell Anderson entered the giveaway at his local Sun Auto Tire & Service store while receiving a routine oil change.

Sun-Auto-Bronco-giveaway
Nokian Tyres holds bracket challenge on worst roads in North America

In 2023, the tiremaker’s audience voted Quebec as the province or state with the worst road conditions on the continent.

Pothole-Protection-from-Nokian-Tyres

Other Posts

Gallery: 2024 Big O Tires conference and convention

Highlights from this year’s Big O Tires conference and convention, featuring a general session, trade show and breakout sessions.

Gary-Skidmore
Bridgestone’s Firestone Liberia rubber farm receives ISCC Plus recognition

According to Bridgestone, its Liberia facility earned the ISCC Plus certification for its efforts in reducing environmental impacts.

Firestone_Liberia
Ascenso Tires adds new OEM sales manager

Douglas Duesing has more than ten years of experience working in agriculture, construction and mining OEMs.

Ascenso-Douglas-Duesing-1400
Nexen Tire Motorsports drivers earn top placements at King of the Hammers

Nexen Tire Motorsports partnered with drivers across a variety of racing series both on- and off-road, including King of the Hammers.

Nexen-KOH