Anti-dumping duties on Chinese tires will be revised in the USA

The International Trade Commission (ITC) voted to authorize the US Department of Commerce to initiate an “accelerated” review of anti-dumping and countervailing duties imposed in 2015 on consumer-grade tires from China. The revision will determine whether the removal of duties on certain Chinese passenger car and light truck tires could lead to a continuation or reoccurrence of the situation negatively affecting local manufacturers.

The International Trade Commission, part of the US Department of Commerce, began a regulatory review process on July 1 of the anti-dumping and countervailing duties imposed in August 2015 on imports of a number of tires from China.

Typically, these expedited checks are completed within 60-90 days and involve only examining the available evidence, no new surveys or questionnaires.

Since the introduction of these duties in 2015, imports of passenger car tires from China have dropped nearly 95% to 2.8 million tires last year, according to the US Department of Commerce. For comparison, in 2014, imports reached 50.4 million tires. In the first six months of 2020, it decreased even more - by 42.2%, to 905,444 units.

The antidumping duties introduced in August 2015 ranged from 14.4% to 87.9%, and countervailing duties - from 20.7% to 100.8%, depending on the manufacturer. "All-China" duties were 30.9% and 87.8%, respectively.