CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. US Anti-Subsidy Duties Finalized For Indian, Sri Lankan Tires

US Anti-Subsidy Duties Finalized For Indian, Sri Lankan Tires

by Mike Godfrey, Tax-News.com, Washington

06 January 2017


On January 4, the Department of Commerce (Commerce) announced its final decision that, while Indian manufacturers/exporters have not dumped the same products into the United States at less than fair value, it will impose anti-subsidy countervailing duties (CVDs) on the imports of certain new pneumatic off-the-road (OTR) tires.

Commerce has therefore not set antidumping duty (AD) margins against OTR tire imports from India, and the investigation has been terminated. The margins had been alleged at between 10.77 percent and 76.45 percent.

However, in the concurrent CVD investigation, Commerce calculated final subsidy rates of between 4.90 percent and 5.36 percent. If the US International Trade Commission (ITC) also issues an affirmative injury determination (expected on February 17, 2017), Commerce will issue a CVD order.

Commerce has also been running an investigation of OTR tire imports from Sri Lanka. Subject to the ITC's final determination, it has made a final decision to impose CVDs of 2.18 percent on those imports.

TAGS: tax | business | India | Sri Lanka | anti-dumping | manufacturing | trade disputes | tax rates | United States | import duty | trade

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 

Log into Tax-News+
Not registered yet? Find out about our daily news alert service »

 Email: 
 Password: 

Login »

Forgotten your password?







Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »