The US International Trade Commission (ITC) voted to conduct an anti-dumping and countervailing duty sunset review on truck and bus tyres (TBR) imported from China. The review results show that Chinese tyre exports may harm the US industry again, and anti-dumping and countervailing duties should be continued.
The United States International Trade Commission (USITC) has determined that passenger vehicle and light truck (PLT) tyres imported from Korea, Taiwan, and Thailand are being sold in the USA at prices that materially injure the local tyre industry. In addition, the U.S. Department of Commerce has determined that Vietnam’s government is subsidising PLT tyres that are then sold in the USA at “less than fair value.”
The USA will continue to apply anti-dumping and countervailing duties to passenger vehicle and light truck (PLT) tyres from China. The U.S. International Trade Commission (USITC) decided against ending the charging of duties, which have applied to these products since 2015, after determining that doing so would “likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.” Unsurprisingly, the United Steelworkers union applauds the decision.
The US International Trade Commission filed their remand determinations to the US Court of International Trade on January 30, 2019. By a majority of 3-2, the Commissioners have determined:
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Tyrepress.com / Stephen Goodchild