On April 25, 2024, the U.S. Department of Commerce issued the final ruling results of the first anti - dumping and counter - vailing sunset review on truck and bus tires imported from China. After a thorough investigation and review, the Department of Commerce determined that if the current anti - dumping and counter - vailing measures are removed, the Chinese products under investigation may continue or resume dumping and subsidy behaviors at a dumping margin of 22.57% and a subsidy rate of 23.92% to 66.28%.
The background of this review dates back to February 18, 2016, when the U.S. Department of Commerce launched anti - dumping and counter - vailing investigations on truck and bus tires imported from China. On January 23, 2017, the Department of Commerce made affirmative final rulings on these imported products. The final ruling results showed that since these products were sold in the U.S. market at prices lower than fair value and received government subsidies, corresponding anti - dumping duties and counter - vailing duties needed to be levied.
On February 15, 2019, the Department of Commerce officially began to levy anti - dumping duties and counter - vailing duties on these tire products from China. These measures are aimed at protecting U.S. domestic industries from the impact of unfair trade practices.
On January 2, 2024, the U.S. Department of Commerce launched the first sunset review investigation of these measures in accordance with relevant regulations. The sunset review is carried out before the expiration of anti - dumping and counter - vailing measures to decide whether these measures need to be continued. The review focuses on assessing whether the cancellation of these measures will lead to the continuation or recurrence of dumping and subsidy behaviors.
In the latest final ruling, based on the survey data and analysis, the U.S. Department of Commerce ruled that if the anti - dumping duty in this case is removed, the dumping margin of Chinese tires is 22.57%. At the same time, if the counter - vailing measures are removed, the subsidy rate of the products under investigation will continue or resume between 23.92% and 66.28%. This indicates that without these trade remedy measures, Chinese tire manufacturers may continue to engage in dumping and accepting unfair subsidies.
Through this sunset review final ruling, the U.S. Department of Commerce confirmed that it is necessary to continue to implement anti - dumping and counter - vailing measures to prevent potential damage to the U.S. market caused by imported Chinese tires. This decision aims to maintain a fair competitive environment in the market and protect the long - term sustainable development of relevant U.S. industries.
This final ruling will be submitted to the U.S. International Trade Commission (ITC), which will make a final injury determination on whether to continue to implement these anti - dumping and counter - vailing measures.
? 2025. All Rights Reserved. 滬ICP備2023007705號(hào)-2 PSB Record: Shanghai No.31011502009912