U.S. Lowers Anti-Dumping Tariffs on Chinese PLT Tires
The U.S. Department of Commerce has lowered anti-dumping duties on select passenger and light truck tires imported from Chinese companies.
After a review of the 2015 rates, the commerce department found that Giti Tire Global Trading Pte. Ltd. and its entities as well as Qingdao Sentury Tire sold passenger and light truck tires in the U.S. at prices below their normal value from Jan. 27, 2015 to Jan. 31, 2016. Based on a review of those two companies and 63 other exporters, the department has granted separate anti-dumping rates to each company.Below are the new anti-dumping rates for specified Chinese tire manufacturers:
Giti Tire Global Trading Pte. Ltd. (and affiliated entities), 1.5%
Qingdao Sentury Tire Co., Ltd. (and affiliated entities), 4.41%
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