Year in Review: Trade dispute focuses on Asian P/LT tire imports
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The issue of importers allegedly dumping tires in the U.S. at unfair prices has been a hot topic for more than a decade, and 2020 was no different.
This time the main target was imports of passenger and light truck tires from South Korea, Taiwan, Thailand and Vietnam that were accused of being sold in the U.S. at less than fair value.
The United Steelworkers union filed antidumping and countervailing duty petitions May 12 with the Department of Commerce and the International Trade Commission. It alleged dumping margins on these types of tires as high as 217 percent for Thailand, 195 percent for South Korea, 147 percent for Taiwan and 33 percent for Vietnam.