Mofcom: Chinese Tyremakers Should Lobby for Review of ITC
The Chinese Ministry of Finance and Commerce (known as Mofcom) continued its ongoing campaign against what it describe as the Obama administration’s politically motivated implementation of anti-dumping tariffs on Chinese-produced passenger car tyres imported into the US. Speaking to Tyres & Accessories after Mofcom’s presentation during the Tire Tech seminar series at the Reifen China in Shanghai, Wang Xin (Mofcom Bureau of Fair Trade representative) said Chinese tyre companies along with industry associations should seek a review of the 35 per cent import tariff brought in September. This approach would be based on the US government’s own standard policy of reviewing trade sanctions after six months. Washington DC firm Squire Sanders Dempsey is providing legal representation in the matter.