U.S. Truck-tire “Double Counter” Forced Response Enterprise Has Been Determined

U.S. truck-tire "double reverse" mandatory respondent companies have been identified. Among them, double-money tires are counter-subsidy mandatory respondent companies and are also anti-dumping compulsory respondent companies. In addition to double money, Guizhou Tire and Pu Lin Chengshan are counter-subsidy and anti-dumping mandatory respondent companies respectively.

Truck tire product storeroom

According to reports, companies that have been selected as mandatory responding companies will eventually receive separate tax rates, while other companies will obtain average tax rates based on the status of the two responders. According to the Tire World Network, the US International Trade Commission’s preliminary ballot was 4:2, and it was determined that the truck tires imported from China pose a threat to the US tire industry.

According to the latest developments, the U.S. Department of Commerce has deferred the preliminary countervailing time until June 27. The U.S. application for China's “double reverse” application date was January 29, 2016. The applicant was the American Iron and Steel Workers’ Federation. The “double reverse” products involved were truck and bus tire products. The amount of USD involved in the case was US$1.08 billion and the number of tyres involved reached 8.42 million. The alleged dumping rate was 19.78%-58.2%.

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