English
Industry News

USA to continue elevated import duties on Chinese consumer tires

Views : 1901
Author : KELUCK TYRE
Update time : 2020-12-01 08:52:51

WASHINGTON—The U.S. Commerce Department has determined that elevated import duties imposed in 2015 on certain consumer tires imported from China should remain in place, according to the department's expedited "sunset" review of the duties. 

The U.S. government is obligated to conduct "sunset" reviews of import duties every five years because of language in the Uruguay Round Agreements Implementation Act, approved in late 1994 and to which the U.S. is a signatory.

The review process sought to determine whether revoking the antidumping (AD) and countervailing duty (CVD) orders on certain passenger vehicle and light truck tires from China "would be likely to lead to continuation or recurrence of material injury."

In its final summary on the matter, Commerce said it determined that revoking the AD order on these type tires would "likely to lead to the continuation or recurrence of dumping at the weighted-average dumping margins up to 87.99 percent." 

Since the imposition in August 2015 of these duties, imports of passenger tires from China have fallen nearly 95 percent, to 2.8 million units last year from 50.4 million units in 2014, according to U.S. Commerce Department data. Through the first six months of 2020, they fell even further, dropping 42.2 percent to 905,444.

The International Trade Commission, a part of the Commerce Department, opened the regulatory review process July 1 of AD and CVD orders imposed in August 2015 on imports of certain passenger and light truck tires from China, as proscribed in the original orders.

The United Steelworkers union—whose petition in 2014 led to the issuance of the AD order in 2015—argued in its submission on the sunset review issue that "revocation of the AD order under review would lead to the continuation or recurrence of sales at less-than-fair values at margins equivalent to or greater than those found in the original investigation."

Commerce conducted an "expedited" review of the matter not receiving an "adequate substantive" response to its July 1 notice that it was accepting comments on the sunset review process.

The antidumping duties imposed in August 2015 ranged from 14.4 percent to 87.9 percent and countervailing duties ranged from 20.7 percent to 100.8 percent, depending on manufacturer. The "China-wide" rates were 30.9 percent and 87.8 percent, respectively.

Related News
Read More >>
CUSTOMER FROM AFRICA TANZANIA  TO VISIT FOR TYRES CUSTOMER FROM AFRICA TANZANIA TO VISIT FOR TYRES
Mar .19.2024
Today, we had the pleasure of hosting a client from Tanzania who owns a fleet of 20 trucks locally, all of which are equipped with Chinese-branded tires that have demonstrated excellent performance. The client's visit to China was motivated by the desire
BOTO OTR Department Training Experience --KELUCK BOTO OTR Department Training Experience --KELUCK
Mar .15.2024
 In-Depth Understanding of BOTO Tire's (WANDA  BOTOTYRE GROUP BRAND: BOTO, WINDA ) OTR Department Training Experience

Recently, we had the privilege of inviting Mr. He, an engineer from BOTO Tire's OTR department, to conduct a fascinating and in-depth
KELUCK TYRE Company Celebrates 2024.3.8 International Women's Day KELUCK TYRE Company Celebrates 2024.3.8 International Women's Day
Mar .08.2024
KELUCK TYRE Company Celebrates International Women's Day

On March 8th, KELUCK TYRE Company proudly celebrated International Women's Day with a special event dedicated to honoring and empowering its female employees. The company organized a delightful g
215/75R17.5 MAXWIND BRAND NEW TYRES 215/75R17.5 MAXWIND BRAND NEW TYRES
Jan .15.2024
Introducing the Latest Innovation from Qingdao Keluck Tyre Co., Ltd.

We are thrilled to announce the launch of our all-new tire product, specifically designed for light trucks and offering exceptional performance. The 215/75R17.5 tubeless tire is set t
Subscribe us to get Best Price
mixed loading with a variety of sizes