US Outlines Duties on OTR Tyre Imports
The US Department of Commerce has set in place preliminary anti-dumping duties of up to 210 per cent on Chinese made OTR tyres allegedly sold in the US at artificially low prices. These duties were implemented on February 6, and tyres thereby now become the sixth Chinese product to fall foul of US anti-dumping duties since the start of 2008.
“Price distortion by Chinese exporters puts American manufacturers at an unfair disadvantage,” said David Spooner, assistant secretary of commerce for Import Administration, in a statement announcing the action. “In an effort to encourage a healthy economic environment and to strive to maintain a strong and fair relationship with our trading partners, the administration will continue its commitment to aggressively enforce America’s trade remedy laws.”