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Feds Impose Duties on Unfairly Priced Steel Wheels From China
The U.S. International Trade Administration (ITA) has issued final duty rates for certain steel wheels from China that are being sold at less than fair value in the United States. The subject wheels range from 18 to 24.5 in. in diameter and include rims and discs whether imported as an assembly or sold separately. The wheels are typically used in commercial vehicles (trucks, buses, trailers, etc.), but passenger car wheels within that size range fall within the scope of the investigation.
Last year, two U.S. auto wheel manufacturers submitted petitions claiming that at least two dozen Chinese producers and exporters were “dumping” the wheels in the U.S. market. Calculations for the final dumping margins range from 44.96% to 193.54% ad valorem and countervailing duties range from 25.66% to 38.32% ad valorem.
For more information, contact Stuart Gosswein at email@example.com.