Change Will Have to Come
It will take some time before the dust fully settles, before all of the final decisions are made and all of the appeals exhausted. And only then will we be able to fully understand all of the direct ramifications of the absurd countervailing and anti-dumping duties heaped on imported China-produced consumer tires. Trade protection is
Tiremakers React to Tariffs
The Commerce Department announced its preliminary countervailing duties on consumer tires produced in China and exported to the U.S. on Nov. 24. The 15.69% duty level, which will be reviewed again before it is set in concrete in early April 2015, will be retroactive for a 90-day period from the official publication of the new
Commerce Says Difficult China Case Needs More Consideration
Citing the “extraordinary complexity of this case and the number of firms whose activities we must investigate,” the U.S. Commerce Department this morning pushed back the date for it to make a preliminary decision on its investigation of consumer tires imported from China. This marks the second time the Commerce Department has delayed its preliminary
ITC Finds ‘Reasonable Indication’ of Damage from China Imports
It appears now that the fast-tracked USW complaint against imported China-made consumer tires has picked up even more speed. This morning the U.S. International Trade Commission announced that its investigation has found “reasonable indication that an industry in the United States is materially injured or threatened with material injury by reason of imports from China
Goodyear Comments Offer Clue to How Tiremakers See Tariff Threat
There have been no real public comments made by major tire players with regards to the USW petition for higher tariffs on imported China-made consumer tires, so it’s been hard to gauge attitudes and plans among tiremakers. But in yesterday’s investor earnings call, Goodyear chairman and CEO Rick Kramer and executive vice president and CFO
Commerce Department Gives Go-Ahead on New China Tariffs
According to the United Steelworkers union, the U.S. Commerce Department decided in its favor yesterday, granting the USW legal standing to pursue additional duties on imported China-produced consumer tires. The Commerce Department ruling came three days prior to the established deadline for it to determine the union’s legal standing to seek such government action. “The
TIA Opposes New Tariff on Chinese-Made Tires
The Tire Industry Association announced it opposes the proposal from the USW that seeks antidumping and countervailing duties on China-produced consumer tires exported to the U.S. The association previously opposed the similar measure in 2009. TIA said that while this measure, despite its well intentions, would not help preserve manufacturing jobs and could be harmful
The Ins and Outs of the New Tariff Petition
As we all know, on June 3 the United Steelworkers filed with the U.S. Commerce Department petitions seeking additional (and more permanent) antidumping and countervailing duties on China-produced consumer tires exported to the U.S. What we don’t know is if the USW has the legal standing to obtain – let alone seek – such government
Chinese Monitoring USW Case
The Chinese tire industry is paying close attention to the recently filed petition by the United Steelworkers asking trade officials to launch an anti-dumping and countervailing duty against passenger and LT tires from China. “The tire case shows that the U.S. is taking a tough stance on China, a move for the Democratic Party to
USW Files Case Against Chinese Tires with ITC
On June 3, the United Steelworkers filed a petition for relief against Chinese passenger and light truck tire imports with the International Trade Commission. The petition requests antidumping and countervailing duty relief under Sections 701 and 731 of the Trade Act of 1930. “Unfairly priced imports of tires from China have resumed flooding the U.S.
