China Welcomes ITC Ruling Forcing OTR Anti-Dumping Rethink
The Chinese government has welcomed a US Court of International Trade ruling that the US Department of Commerce imposition of anti-dumping and countervailing duties on Hebei Starbright Tyre Co., Ltd might result in it paying twice. According to the Xinhua news agency, the US court ruled that the Department of Commerce should either scrap the countervailing duty or amend its methodologies and procedures of levying anti-dumping measures and countervailing duty on merchandise from China within 90 days.
The news refers to the fact that, on 31 July 2007 The US Department of Commerce decided that it would launch anti-dumping and countervailing probes simultaneously into China-made off-road tyres. On 4 September 2008 it introduced a 19.15 per cent anti-dumping and a countervailing duty ranging from 2.45 per cent to 14 per cent on the Chinese produced tyres.