Retail

Tire tariff determination: The end has begun

Posted on August 21, 2014

The United States International Trade Commission (ITC) had begun the final phase of its investigation into whether or not there is a reasonable indication that the domestic tire industry has been "materially injured or threatened with material injury" by reason of consumer tire imports from China.

In its preliminary investigation, the ITC determined there is a reasonable indication that the tire industry has been affected adversely by a significant increase in passenger and light truck tire imports from China.

The ITC and the U.S. Department of Commerce (DOC) are acting on a complaint filed by the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (United Steelworkers for short) alleging Chinese consumer tire imports are:

1. being sold in the U.S. at less than fair value;

2. being subsidized by the Chinese government.

The Commission will issue a final phase notice of scheduling, which will be published in the Federal Register, upon notice from the DOC of affirmative preliminary determinations in the investigations.

The ITC instituted its initial countervailing duty and antidumping duty investigation on June 3, 2014. For more information, check out the Federal Register, Volume 79, Number 162.

For the latest information on the DOC's involvement in the decision-making, click on "DOC postpones China tire tariff determination."

Related Topics: Chinese imports, Federal Register, ITC, tire tariffs, USW

Comments ( 0 )
More Stories
SAVE provides quick credit approval at the point of sale through a cloud-based system, says Slobodian.
News

Snap Finance Uses AI to Approve Credit

Artificial intelligence, or AI, has made its way into the automotive aftermarket. Snap Finance LLC is using it to improve credit approval and increase retail tire and service sales.

John Van Heel says the pressure from online sales channels benefits bigger players, and ultimately helps Monro's acquisition strategy.
News

Online Tire Sales Don’t Scare Monro

“It’s nice to be wanted, but it’s even nicer to be needed.” In a nutshell, that’s Monro Muffler Brake Inc.’s philosophy when it comes to online tire sales.  

News

Brake Jobs Help Monro's Existing Stores Boost Sales

The fact that overall sales at Monro Muffler Brake Inc. increased in the first quarter of fiscal 2018 is hardly news. The company's aggressive approach to acquisitions helps it continually add to the sales column. But in the latest quarter, Monro's existing, comparable stores helped the bottom line, too. And that's news.  

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!