U.S. releases preliminary results on semi-steel tires
The U.S. Department of Commerce released the preliminary results of the first annual anti-dumping, anti-subsidy administrative review on passenger car and light truck tires imported from China.
The anti-dumping tax rates on Giti Tire, Qingdao Sentury, separate taxable companies, and companies not receiving separate rate status were 13.39%, 11.28%, 12.92%, and 87.99%.
And the anti-subsidy tax rates on Giti Tire, Cooper (Kunshan), Zhongce Rubber, and non selected companies under review were 25.12%, 14.56%, 89.78%, and 19.84%.
The investigation period for the anti-dumping review was from Jan. 27, 2015 to July 31, 2016; while that for anti-subsidy review was from Dec. 1, 2014 to Dec. 31, 2015.
According to the U.S. law, the preliminary results of anti-dumping review don’t take effect.
Concerning authority will settle anti-dumping and anti-subsidy taxes on products imported by the U.S. during the first review with respect to the results of the final ruling in Feb. 2018.
Preliminary results of anti-dumping review
Preliminary results of anti-subsidy review
Related Article
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
