Commercial Business

Zhongce will pay a 112% duty on OTR tires

Posted on February 12, 2014

The name has changed, but the antidumping duty remains the same. The United States Department of Commerce (DOC), through the International Trade Administration, has determined that Zhongce Rubber Group Co. Ltd., as the successor-in-interest to the former Hangzhou Zhongce Rubber Co. Ltd., is subject to the same duty.

In December 2013, the DOC ruled that duties leveled on OTR tires exported to the U.S. from the People's Republic of China under a previous countervailing duty order would remain in place.

On Dec. 27, 2013, the DOC published its "Preliminary Results" of a changed circumstances review of the antidumping duty order on "certain new pneumatic off-the road tires" from the People's Republic of China. The "changed circumstance" was the name change from Hangzhou Zhongce Rubber to Zhongce Rubber.

The department also asked for comments for or against its results. There were none.

As a result, the DOC will instruct United States Customs and Border Protection to suspend liquidation and collect a cash deposit rate of 112.41% "on all shipments of the subject merchandise exported by Zhongce and entered, or withdrawn from warehouse, for consumption, on or after the publication date of these results of changed circumstances review."

The original antidumping order against Chinese OTR tires was established on Sept. 4, 2008. The merchandise covered by the order includes new pneumatic tires designed for off-the-road and off-highway use (subject to certain exceptions).

For more information, click on this link.

Related Topics: China, Department of Commerce, OTR tires, tire tariffs

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