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Import duties skewing U.S. marketplace through Q1

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WASHINGTON The imposition in January of elevated import duties on consumer tires shipped from South Korea, Taiwan, Thailand and Vietnam has skewed the U.S. marketplace markedly since then, with imports from Taiwan and Thailand down measurably through the first three months of 2021.
Imports of passenger tires and light truck tires from Taiwan dropped 41.2% and 99.6%, respectively, in the period, according to Commerce Department data. Based on comment from companies that sell tires sourced from Taiwan, imports are likely to keep declining unless Commerce adjusts the duties downward.
Likewise, imports from Thailand fell 16.3% and 28.3%, respectively.
Even though the elevated import duties won t be official before mid-June, the U.S. started imposing the preliminary duties on the targeted imports ....

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Commerce reduces import duty for Cheng Shin/Maxxis

Commerce reduces import duty for Cheng Shin/Maxxis
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WASHINGTON The Department of Commerce has cut the anti-dumping import duties imposed on passenger and light truck tires shipped to the U.S from Taiwan by Cheng Shin Rubber Ind. Co. Ltd./Maxxis International by nearly 20 percentage points, in response to appeals filed by the company.
The duty for Cheng Shin drops to 33.33% from 52.42%, Commerce said, because the agency made significant ministerial errors regarding Cheng Shin s arm s-length test results and inclusion of Channel 3 sales in the home market sales database.
At the same time, Commerce dropped the all others duty rate which applies to all companies in Taiwan other than Cheng Shin and Nankang Rubber Tire Corp. Ltd. to 84.33% from 88.82% in response to petitions filed by Nankang. ....

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DOC Issues Preliminary Determination On Cheap Imported Tires

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The U.S. Department of Commerce has issued a preliminary determination on the subject of cheap imported tires originating in four Asian countries. The determination states that passenger and light truck tires imported from South Korea, Taiwan, Thailand and Vietnam are being sold in the U.S. at less than fair value. In the case of Vietnam, the D.O.C. has already issued a ruling that Vietnamese tire producers have received unfair subsidies associated with the country’s currency, which is described as “undervalued”.
This process of selling products, including tires, at less than fair value is known as “dumping”. Despite the name, it is entirely unconnected with disposing of tires at the end of their useful lives. ....

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Department of Commerce approves antidumping duties on tires from South Korea, Taiwan, Thailand, Vietnam

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WASHINGTON The Department of Commerce has determined that passenger and light truck tires imported from South Korea, Taiwan, Thailand and Vietnam should be subject to antidumping duties ranging up to 98.44 percent depending on the country of origin.
Commerce s decision, published Dec. 30, is in response to petitions filed in early May by the United Steelworkers union, which claim tire producers from these regions are dumping their products in the U.S. at margins ranging from as low as 5.48 percent (Vietnam) to as high as 217.5 percent (Thailand). ....

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