The US Department of Commerce (DOC) has determined that countervailing duties on truck / bus tires produced in China should be reduced. The lower rates are effective December 23, when details were published in the Federal Register.
This is the second of a two-part review process for the DOC. The DOC conducts regular tariff revisions and this year reviewed the tariffs paid by tire manufacturers and traders in 2019. The agency released its preliminary results on June 25. 17.
This review only applies to countervailing duties, which are intended to offset subsidies that Chinese government entities pay to producers.
The updated CV functions are:
Prinx Chengshan (Shandong) Tire Co. Ltd. – 17.47%
Qingdao Ge Rui Da Rubber Co. Ltd. – 14.77%
Other named companies – 15.67%.
To some perspective, the original rates for 2019 started at 20.98% – that was the compensatory rate assessed on Shanghai Huayi Group Corporation Ltd., which is the company that controls Double Coin.
According to the agency’s decision of February 2019, the rates in effect so far were as follows: Guizhou Tire Import and Export Co. Ltd./Guizhou Tire Co. Ltd.
As of February 15, 2019, mid-size truck and bus tires from China are subject to anti-dumping and countervailing duties when they reach the United States. others) remain unchanged.
Here is a list of respondents who would also pay the 15.67% rate.
Aeolus Tire Co., Ltd.
Chaoyang Long March Tire Co., Ltd.
Doublestar International Trading (Hongkong) Co., Limited
Giti Radial Tire Company (Anhui)
Giti Tire (Fujian) Company Ltd.
Giti Tire Global Trading Pte Ltd.
Guangrao Kaichi Trading Co., Ltd.
Guizhou Tire Co., Ltd.
Guizhou Tire Import and Export Co., Ltd.
Hefei Wanli Tire Co., Ltd.
Hongtyre Group Cie.
Jiangsu General Science Technology Co., Ltd.
Koryo International Industrial Limited
Maxon Int’l Co., Limited
Megalith Industrial Group Co., Limited
Qingdao Awesome International Trade Co., Ltd
Qingdao Doublestar Overseas Trading Co., Ltd.
Qingdao Doublestar Tire Industrial Co., Ltd.
Qingdao Fullrun Tire Corp. Ltd
Qingdao Jinhaoyang International Co., Ltd.
Qingdao Keter International Co., Limited
Qingdao Lakesea Tire Co., Ltd
Qingdao Powerich Tire Co., Ltd.
Qingdao Shinego Tire Tech Co., Limited (also known as Qingdao Shinego Tire Tech Co., Ltd.)
Qingdao Sunfulcess Tire Co., Ltd.
Shandong Habilead Rubber Co., Ltd.
Shandong Haohua Tire Co., Ltd.
Shandong Huasheng Rubber Co., Ltd
Shandong Hugerubber Co., Ltd.
Shandong Kaixuan Rubber Co., Ltd
Shandong Sanli Tire Manufactured Co., Ltd
Shandong Qilun Rubber Co., Ltd.
Shandong Transtone Tire Co., Ltd
Shandong Wanda Boto Tire Co., Ltd.
Shandong Yongsheng Rubber Group Co., Ltd.
Shanghai Huayi Group Company Limited
Shengtai Tire Co., Ltd.
Sichuan Kalevei Technology Co., Ltd.
Tongli Tire Co., Ltd.
Triangle Tire Co., Ltd.
Weifang Shunfuchang Rubber and Plastic Products Co., Ltd.