PITTSBURGH — The United Steelworkers (USW) has filed antidumping (AD) and countervailing duty (CVD) petitions on what it's calling "dumped and subsidized" passenger and light truck tires from South Korea, Taiwan, Thailand and Vietnam.
The USW's petitions with the Department of Commerce and the International Trade Commission allege dumping margins as high as 217% for Thailand, 195% for South Korea, 147% for Taiwan and 33% for Vietnam.
The petitions also detail numerous government subsidies benefitting Vietnamese tire producers, including loans, tax breaks, and grants.
Passenger and light truck imports from these four countries increased nearly 20% from 2017 to 2019, reaching 85.3 million tires, valued at $4.4 billion last year, the USW claims.
"This deluge of unfairly traded imports hurt our domestic industry and workers, including many USW members," USW International President Tom Conway said.
Tire Business Managing Editor Dave Manley and Reporter Bruce Davis discuss the USW petition: