Washington - The US has announced swingeing preliminary anti-dumping (AD) duties on passenger car and light truck tires exported from South Korea, Taiwan, Thailand, and Vietnam.
The decision, issued 30 Dec, is based on the outcome of US department of commerce (Commerce) preliminary AD investigations into PC/LT tire imports from the four countries.
Commerce preliminarily found that exporters have dumped passenger tires in the US at rates of: 14.24% to 38.07% for South Korea; 52.42% to 98.44% for Taiwan; 13.25% to 22.21% for Thailand; and 0% to 22.30% for Vietnam.
Commerce is due to announce its final determinations in these cases on or about 14 May. If the decision is ‘affirmative’, the US International Trade Commission (ITC) will make its final injury determinations on or about 28 June.
If Commerce makes ‘affirmative’ final determinations of dumping and the ITC makes affirmative final injury determinations, Commerce will issue AD orders.
The 2019 imports of passenger tires from the countries under investigation were approximately valued as follows: $1.17 billion for South Korea; $373.0 million for Taiwan; $1.96 billion for Thailand; and $469.6 million for Vietnam.
Commerce is also conducting an on-going countervailing duty (CVD) investigation of passenger tires from Vietnam. This proceeding remains ongoing.