By Miles Moore, Senior Washington Reporter
WASHINGTON (July 14, 2015) — By a split 3 to 3 vote, the U.S. International Trade Commission (ITC) has determined that the U.S. tire manufacturing industry has been “materially injured” by imports of passenger and light truck tires from China.
The decision means that the anti-dumping and countervailing duties affirmed in June by the U.S. Department of Commerce officially go into effect as of now, although Commerce has been collecting duties since Dec. 1.
The ITC plans to transmit its final report to the Commerce Department on July 27. That document will explain the individual reasoning of the commissioners in how they voted.
[Keep checking back to tirebusiness.com for a more in-depth report on the ITC's decision.]
In its earlier action, Commerce levied the following countervailing duties:
- 20.73 percent against Cooper Kunshan Tire Co. Ltd., Cooper Tire & Rubber Co.'s subsidiary;
- 37.2 percent against Giti Tire (Fujian) Co. Ltd., one of Giti Global Trading Pte. Ltd.'s manufacturing subsidiaries;
- 100.77 percent against Shandong Yongsheng Rubber Group Co. Ltd.; and
- 30.87 percent against all other producers/exporters.
In antidumping duties, the agency levied duties of:
- 29.97 percent against Giti Tire Global Trading Pte. Ltd., Giti Tire (USA) Ltd., and six affiliated Giti manufacturing entities in China;
- 14.35 percent against Sailun Group Co. Ltd. and nine subsidiaries and affiliates, including Dynamic Tire Corp. and Husky Tire Corp. in Canada;
- 25.3 percent against 65 “separate rate” companies; and
- 87.99-percent on all other companies.
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