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 Opens Another Trade Dispute Over Chinese Tires

US Opens Another Trade Dispute Over Chinese Tires

by Mike Godfrey, Tax-News.com, Washington

23 February 2016


On February 19, the US Commerce Department (Commerce) decided to initiate antidumping (AD) and anti-subsidy countervailing duty (CVD) investigations into imports of truck and bus tires from China.

The alleged AD margins are between 19.91 percent and 22.57 percent, while CVD margins are expected to be above the minimum required. In 2015, imports of truck and bus tires from China were valued at an estimated USD1.07bn.

The US International Trade Commission (ITC) is scheduled to make its preliminary injury determinations on or before March 14, 2016. If the ITC determines that there is a reasonable indication that the imports materially injure the US domestic tire industry, the investigations will continue, and the Commerce Department will be scheduled to make its preliminary CVD and AD determinations in April 2016 and July 2016, respectively.

In another case involving the tire industry, Commerce took the decision earlier this month to initiate AD and CVD investigations into imports of certain new pneumatic off-the-road (OTR) tires from China, India, and Sri Lanka.

While the USITC determined on February 19 that there is a reasonable indication that the industry is being injured by imports of OTR tires from India and Sri Lanka, it decided that imports of these products from China are negligible. The investigations on imports of OTR tires from China has therefore been terminated.

However, there is another existing US trade dispute against Chinese tires. A case against passenger vehicle and light truck tire imports from China was filed in 2014 and is now covered by duty orders.

In its reaction to Commerce's new AD and CVD investigations, China's Ministry of Commerce pointed out that US action against Chinese tire imports has, since 2007, had a "significant impact on the Chinese tire industry."

The Ministry confirmed that it is determined to use World Trade Organization rules to defend the "legitimate rights and interests of Chinese industries." It also "opposes the abuse of trade remedy measures and hopes the United States will deal cautiously with the case to avoid affecting normal trade between the two countries."

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

To see today's news, click here.

 















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 »



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 »