The department conducted a review of the tariffs this year on 41 Chinese companies and amended the subsidy rate for Prinx Chengshan (Shandong) Tire Co., Ltd. to 17.47% and Qingdao Ge Rui Da Rubber Co., Ltd. to 14.77%. The other companies listed in the review received a revised tariff rate of 15.67%.
The commission made affirmative determinations with respect to its antidumping duty investigations concerning imports of PLT tires from Korea, Taiwan and Thailand.
The U.S. Department of Commerce has affirmed its preliminary findings that passenger and light truck tires imported from South Korea, Taiwan, Thailand and Vietnam are being dumped in the U.S.
The department lowered import duties for Cheng Shin Rubber from 52.42% to 30.21% based on a “ministerial error.”
Despite current challenges, Kenda Tire remains optimistic in 2021 with new products and enhancements to its dealer program on the horizon.
The ITC determined that revoking 2015 duties on PLT tires imported from China would likely lead to “continuation or recurrence of material injury” in the foreseeable future.
Commerce’s preliminary investigation determined that exporters have dumped passenger tires in the U.S. from South Korea, Taiwan, Thailand and Vietnam.
The Department of Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of passenger tires from Vietnam.
Tire registration, COVID-19 relief and infrastructure funding were key issues highlighted on TIA’s radar.
The petitioner stated that it requests postponement due to the complexity of selecting the mandatory respondents and obtaining initial and supplemental questionnaire responses.
The USITC says it is likely PLT tires from four countries are being sold in the U.S. at less than fair value.
The Commerce Department will open an investigation into PLT tire imports in response to a USW petition.