US tire dual misfortune underway

US tire dual misfortune underway

Washington local time April 1, 2015, the US Department of Commerce countervailing duty final decision on Chinese car and light truck tires, originally scheduled for April 6 final is announced now been postponed.

A spokesman for the Commerce Department's International Trade Administration (ITA) of the final countervailing duty decisions tire companies will release date set for June 12, 2015, final determination of anti-dumping duties and the same date.

At the request of the interested parties, the taxes in antidumping and countervailing duty determination of the gradual deployment, ITA spokesman said.

United Steelworkers of America submitted a petition to the International Trade Commission is to start in June 2014, the request for the implementation of tariffs on Chinese tires countervailing and anti-dumping. Call 701 and 731 of the Act is a trade bill, citing the organization known as Section 401 tariffs since September 2012 increased sharply from Chinese tire imports.

ITA preliminary countervailing duty rate was set at 24 November 2014 and the anti-dumping duties on January 21, 2015, although in both cases, it later reduced the tax rate adjustment. If the final decision of the agency confirmed in June 12, then the international trade cases will ultimately decide the countervailing and anti-dumping duty from ITC.