By SEMA Washington, D.C., Staff
The U.S. International Trade Commission (ITC) issued a final decision that U.S. industry is being harmed from imports of passenger and light-truck tires at less than fair value (“dumping”) from South Korea, Taiwan and Thailand, and that tires are being subsidized by the government of Vietnam. The ITC dismissed the anti-dumping investigation for tires from Vietnam as being negligible.
In May, the U.S. Department of Commerce (DOC) issued final calculations for dumping duties to be assessed for tires from South Korea, Taiwan and Thailand, and countervailing duties for tires from Vietnam. The dumping margins are 14.72% to 27.05% for South Korea, 20.04% to 101.84% for Taiwan, and 14.62% to 21.09% for Thailand. The subsidy rates range from 6.23% to 7.89% for Vietnam. The duties are collected by U.S. Customs and Border Protection.
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