News from Notch Consulting, Inc.

January 26, 2015

Commerce Department sets preliminary China tire dumping duties

Filed under: Tires — Notch @ 6:35 am

As reported by Rubber News, the International Trade Administration announced last week that it has set preliminary antidumping duties on passenger and light truck tires imported from China at levels ranging from 19.17% to 87.99%, with rates for many of the better-known producers/brands set at 27.72%. The is scheduled to announce its final determination in the antidumping case on or about June 12. The Department of Commerce defines dumping as a foreign company selling a product in the US at less than its fair value.

The preliminary China-wide rate for Chinese tire exporters and producers was 87.99 percent, Commerce said. Giti Tire Global Trading Pte. Ltd. and its subsidiaries were found to have a dumping rate of 19.17 percent, and Sailun Group Co. Ltd. and its subsidiaries and affiliates, including Husky Tire Corp., were levied a dumping rate of 36.26 percent, the agency said.

Commerce found 65 “Separate Rate Companies” to have dumping margins of 27.72 percent. These companies included well-known companies such as Cooper Tire & Rubber Co., Bridgestone Corp., Goodyear Dalian Tire Co. Ltd., Hankook Tire China Co. Ltd., Kenda Rubber (China) Co. Ltd., Kumho Tire Co. Inc., Pirelli Tyre Co. Ltd., Qingdao Sentury Tire Co. LTd., Shandong Linglong Tyre Co. Ltd., Toyo Tire (Zhangjiagang) Co. Ltd. and Triangle Tyre Co. Ltd.

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