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The exceptions: what’s not covered by US tyre import tariffs

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When is a tariff-able tyre not subject to an import tariff? When there are exceptions. With the latest round of US tyre import tariffs aimed squarely at imports of Chinese-produced tyres, it is useful to know what isn’t covered and why.

Following the news that the preliminary ruling is effective 1 December 2014 and retroactive for 90 days prior to this date, further details of what is and what isn’t covered by the rules have emerged. But first a couple of clarifications. There are two categories of import duties that the US government has and is deliberating over. Details of the first – countervailing duties – have already been reported and preliminarily decided upon. All things being equal, the final verdict for these will be issued “no later than 6 April 2015”. Within 45 days after this, the US International Trade Commission will make its own decision about what anti-dumping import tariffs to impose. Therefore total tariffs could be very substantial.

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  2. US ups Chinese tyre import tariffs
  3. US imposes Chinese tyre import tariffs
  4. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
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Comment: Roll on 2015

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As the evenings draw in and the temperatures drop, people not only make preparations for Christmas, but also consider the pros and cons of the last 12 months as well as look forward to next year. When it comes to the tyre business it is no different, I am sure we are all looking forward to our Christmas break – but this is also the season for stock-taking, both metaphorical and literal.

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  1. Analysts predict Chinese tyre anti-dumping duties of 25 – 35%
  2. Truck tyre tariffs to end Chinese import tsunami
  3. EU publishes definitive anti-subsidy and updated anti-dumping rates
  4. New UK Global Tariff sees tyre duty reduced from 4.5% to 4.0%
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Giti ‘disappointed’ with US anti-dumping/countervailing duty decision

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Giti Tire has stated that the company “is very disappointed” with the recent US Department of Commerce (DoC) preliminary decision to impose 17.69 per cent tariffs on tyres produced by Giti in China for sale in the US. The Singapore-based manufacturer suggests that to do so is contrary to free market business: “Giti is a […]

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Related news:

  1. The exceptions: what’s not covered by US tyre import tariffs
  2. US imposes Chinese tyre import tariffs
  3. US ups Chinese tyre import tariffs
  4. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
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Total tariff load could be between 45 and 50%

When you add the standard preliminary countervailing charge of 15.69 per cent to the predicted anti-dumping tariff of between 25 and 35 per cent, it means we are looking a total potential tariff load in the region o 40 to 50 per cent. Writing in an investor’s note published immediately after the Department of Commerce announcement, SunTrust Robinson Humphrey analyst Robert Higginbotham certainly suggested as much: “We believe in the middle to upper end of expectations. Countervailing typically the smaller of the two pieces (the other being antidumping); today’s decision [24 November] implies a total tariff in the range of 45-50 per cent.

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  1. US imposes Chinese tyre import tariffs
  2. US reduces Chinese tyre countervailing duties
  3. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  4. US tyre investigation is “dog in the manger” behaviour, says Chinese ministry
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Analysts predict Chinese tyre anti-dumping duties of 25 – 35%

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Following the news that the US Department of Commerce (DoC) had set the preliminary countervailing duty for Chinese consumer tyres, market analysts have begun estimating what they think the outcome of final determinations will be when they are announced on 6 April 2015. Preliminary details of anti-dumping duties are expected in January 2015. Writing in […]

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Related news:

  1. Will Europe impose tyre import tariffs?
  2. US imposes Chinese tyre import tariffs
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  4. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
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US imposes Chinese tyre import tariffs

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The US Commerce Department (USDOC) has moved to impose import tariffs on tyres manufactured in China and imported into the US. The USDOC has also agreed to initiate work on an additional nine subsidy programs identified by the USW. The preliminary finding suggested that Chinese-made tyres in this category are unfairly subsidized and should be subject to countervailing duties of 17.7 per cent and 81.3 per cent. The precise percentage depends on the manufacturer in question, but the standard rate is reportedly 15.69 per cent. This is the second round of passenger vehicle and light truck duties since the millennium. The first round ran from 2009 to 2011 and ranged from 35 to 25 per cent.

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Michigan state confirms pavilion at Automechanika Shanghai

The Michigan Economic Development Corporation (MEDC), which is a US state-funded economic development corporation that encourages the continued growth of the state’s auto industry, has booked a pavilion at Automechanika Shanghai.  According to the show’s organisers, the Michigan government is keen to use Messe Frankfurt’s enormous industry resources to help foster its auto industry development as the show is an irreplaceable platform for the Michigan’s auto parts companies, which have the world’s leading advanced automotive parts research and development and manufacturing standards to showcase different areas of products and services at the show. It is also interesting to note in light of the ongoing tyre import trade dispute between the US and China.

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ITC reports ‘reasonable indication’ that US will re-start tyre import tariffs

This morning the US 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 of certain passenger vehicle and light truck tyres”.

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US Department of Commerce proceeding with tyre import tariff case

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The US Department of Commerce Department is proceeding with the US United Steelworker’s case against Chinese tyre imports into America. The union is pushing for new import duties similar to those that were introduced in 2009 and has hailed the news that the case is continuing and as a significant step forward in the process.

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  1. ITC reports ‘reasonable indication’ that US will re-start tyre import tariffs
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  4. The return of US tyre import tariffs?
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Will Europe impose tyre import tariffs?

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In this month’s magazine (July 2014), as well as our the conclusion of our comprehensive review of the Essen Show (see page 40 onwards) plus features on manufacturing (from page 24) and batteries (page 8+), we report on the potential “Return of US tyre import tariffs” (on page 30). Reading this article, you could be forgiven for thinking you had stepped into a time warp to 2009 where proceedings followed a very similar course. This time round, the potential implementation of a second round of import US import tariffs aimed squarely at China have fermented rumours about whether anything similar is likely to happen in Europe. So will it?

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Related news:

  1. US imposes Chinese tyre import tariffs
  2. Show review: Reifen China 2014
  3. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  4. USA sets final duties on CV steel wheels from China
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The return of US tyre import tariffs?

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The global tyre industry is keeping a watchful eye on the US International Trade Commission, which is set to make a preliminary decision on whether or not to enforce import duties on tyres produced in China. Preliminary arguments for and against this were made before the body on 24 June and since then the US Tire Industry Association (TIA) has also weighed in. However, ITC won’t make its initial ruling till 8 July.

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Related news:

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  2. Show review: Reifen China 2014
  3. Deruibao Tire enters ‘restructuring’ proceedings
  4. US ups Chinese tyre import tariffs
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Indian tyre makers’ association seeks duties review

The organisation representing India’s tyre makers has petitioned the country’s Finance Ministry to review its regional trade agreements and the duties charged under them. In a memorandum, the Automotive Tyre Manufacturers’ Association reiterated its long-standing claim that domestic manufacturers are being harmed by a double whammy of cheap, imported tyres and heavily-taxed raw material imports.

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  1. Continental Eyes India and Russia
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Retention of Chinese tyre tariffs a “good outcome”, says US union

Commenting on the U.S. International Trade Commission’s extension of the antidumping and countervailing duty orders on certain off-the-road tyres produced in China, the United Steelworkers union says the decision to continue with the 2008-introduced tariffs is a “good outcome to provide job security for the hundreds of tyre workers who make these same tyre products at Titan Bridgestone-Firestone and Goodyear factories in Iowa, Illinois, Ohio, Kansas and New York.”

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  3. Committee Urges Obama to Support USW Petition
  4. Bridgestone, Goodyear Weigh in on Tariff
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US extends off-road tyre tariffs

On 6 January, six U.S. International Trade Commission commissioners unanimously voted not to revoke the antidumping and countervailing duty orders on certain off-the-road tyres produced in China. The ITC says the decision was taken to retain the orders as their repeal “would be likely to lead to a continuation or recurrence of material injury within a reasonably foreseeable time.”

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Entire top 15 Chinese manufacturers expected at Reifen China 2013

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With China now the largest car and tyre producing marketing on earth, and with five Chinese tyre makers in the global top 20 its importance in the global landscape cannot be (and generally isn’t) ignored. In addition to scale, the largest Chinese manufacturers are increasingly investing in up-ing the standards of products they products, with their eyes on the global OE prize. The fact that import tariffs and labelling laws are coming and going in the midst of this means things are far from simple. With this in mind, Tyre & Accessories looks forward to attending this year’s Reifen China exhibition in Shanghai – not only for what goes on show days inside the hall, but for what the connections we make inside the trade fair tell us about what is going on in the rest of the market.

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