According to the news, the US International Trade Commission ruled that passenger cars and light truck tires imported from China have caused substantial damage to the US industry. According to the US law, anti-dumping actions must be jointly determined by the Ministry of Commerce and the International Trade Commission. Since the US Department of Commerce has previously ruled that the above-mentioned tires exported from China to the United States have dumping and subsidies, the latest ruling of the International Trade Commission means that the United States will formally Such products are taxed. Tinplate Sheets and coils,Tinplate Sheets,Tinplate Coils,Printed Tinplate,Tin Plate Jiangsu Fast Pack Co., Ltd , https://www.fastmetalpack.com
On June 12 this year, the US Department of Commerce finalized the dumping and subsidies of Chinese-made tires. Relevant Chinese manufacturers will be subject to an anti-dumping duty of 14.35%-87.99% and a countervailing duty of 20.73%-100.77%. After the results were released, the Ministry of Commerce of China raised an objection that the US violated the multilateral trade rules of the World Trade Organization and adopted many unfair and discriminatory practices in the investigation process. However, the Chinese protest failed to change the US “double-reverse†investigation. result.
According to the data, China has been the country with the most anti-dumping and anti-subsidy investigations in the world for 19 consecutive years. In 2014 alone, it received 97 anti-dumping and countervailing investigations. Among them, China's tire enterprises have become the focus of the "double-reverse" investigation. The United States imposed punitive tariffs on Chinese passenger cars and light truck tires from September 11, 2009 to September 26, 2012, and the tax rate was from the original 4 % is increased to 35% in the first year, 30% in the second year, and 25% in the third year.
What is more noteworthy is that with the increase of China's tire export volume and the increasing number of exporting countries, the countries that adopt "double-reverse" measures on Chinese tires are not limited to developed countries in Europe and America, and many Asian, African and Latin American countries have also begun. Join this rank. On July 6, South African tire manufacturers held a discussion meeting to publicly condemn the flood of cheap imported tire products, especially those from China, and expect to submit an application for anti-dumping investigations on Chinese tires to the South African International Trade Management Committee before September this year.