The Tire Retread and Repair Information Bureau (TRIB) shared news from The European Retread Association (BIPAVER) on the European Commission’s recent determination on Anti-Dumping (AD) measures.
There’s price competition from low-quality imported tires, increasing regulatory threats from government agencies and uncertainty about raw materials costs. But there’s still cautious optimism in the retread industry.
On Feb. 22, the U.S. International Trade Commission announced a negative determination in its final phase of anti-dumping and countervailing duties investigation against truck and bus tires from China. This means no duties will be enacted on truck and bus tires from China.
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.
United States Department of Commerce has accepted a request from the United Steelworkers to extend the preliminary determination deadline in the countervailing duty investigation against truck and bus tires imported from China. The original preliminary determination deadline of April 25, 2016, has been moved to June 27, 2016. According to the Federal Register, the request