The European Commission has imposed countervailing duties on certain Chinese import tires.
The Department of Commerce has amended its countervailing duty administrative review of certain passenger vehicle and light truck tires (passenger tires) imported from China.
The Chinese government has reportedly stated it will take action if the newly issued tariffs made by the U.S. Department of Commerce infringe on the country’s trade rights, the China Daily reports.
On June 28, the Department of Commerce issued a preliminary determination in its countervailing duty (CVD) investigation of truck and bus tires from China. 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. These duties would be added to
The United States International Trade Commission has voted to conduct further investigations into truck and bus tires imported from China. This is the final phase of investigations. In a 4:2 vote the commission determined that there “is a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of
The Department of Commerce announced its final determinations in the antidumping duty and countervailing duty investigations on the import of certain Chinese made passenger and light truck tires on June 12. View a complete breakdown of the rates here. The International Trade Commission is scheduled to make a final determination on whether or not the