An anticipated decision by the U.S. Department of Commerce (DOC) to impose restrictions or tariffs on imported steel could have a "cascading, negative impact" on America's tire industry.
The U.S. Department of Commerce (DOC) is investigating the national security implications of steel imports, and the U.S. Tire Manufacturers Association (USTMA) has testified consumers, as well as the U.S. military, depend on tires and the availability of certain imported steel is critical.
It all comes down to supply and demand. Well, at least those are a couple factors the International Trade Commission considered when it decided not to impose tariffs on truck and bus tires imported from China.
The International Trade Commission (ITC) says there’s evidence of “significant” underselling of Chinese truck and bus tires from 2013 to 2015, and that the underselling margins generally increased over that time frame.
The U.S. Department of Commerce (DOC) has reversed course in one of its tire tariff investigations after discovering its previous calculations were incomplete. The result is now all but one off-the-road (OTR) tire manufacturer will pay an anti-dumping tariff on OTR tires made in India.
This week, the International Trade Commission (ITC) heard testimony from all sides related to imposing tariffs on truck and bus tires from China. Tire manufacturers in China clearly have a stake in the issue, and the trade association representing them brought their issues to Washington, D.C.
For the second straight year, Mary Xu, deputy chairman of the China Rubber Industry Association (CRIA), is walking the floor of the Specialty Equipment Market Association (SEMA) Show, campaigning for Chinese tires in the U.S.A.
When the U.S. Department of Commerce (DOC) said its preliminary investigation found evidence of truck and bus tire makers in China dumping tires in the U.S., the agency didn’t specify which tire manufacturers would pay which tariff rate. We’ve now got that information.
As the federal government considers additional duties on truck, bus, and radial (TBR) tires from China, Cooper Tire & Rubber Co. does not believe the domestic supply of tires will be enough to meet the demand for TBR tires in the U.S. in the near term.
The U.S. Department of Commerce (DOC) has preliminarily determined that off-the-road tires imported from India and Sri Lanka are benefitting from subsidies, and should be subject to countervailing tariffs.
Importing low-cost, low-quality tires from China isn't an issue of isolation for the U.S. The European Retread Association, Bipaver, says after five years of Chinese truck tires being dumped in Europe, "market conditions have worsened quickly over the last year mainly due to an increase of anti-dumping regulations in neighboring continents."
The U.S. Department of Commerce will not issue its preliminary ruling related to off-the-road tires allegedly dumped in the U.S. from India until August.
The U.S. Department of Commerce (DOC) has moved the date to issue its preliminary antidumping ruling on truck and bus tires imported from China from July 7 to Aug. 26. The DOC announced the new date in a June 2 Federal Register notice.