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.
Eight tire manufacturers who produce off-the-road tires in China have filed complaints or other court papers saying the U.S. Department of Commerce (DOC) erred when it recalculated tariff rates. This week Titan Tire Corp. and the United Steelworkers (USW) joined the appeal.
The latest annual reviews of tariffs on off-the-road tires from China have resulted in changes to how much tire makers and importers will pay on the tires they import into the U.S.
The decision by the International Trade Commission (ITC), by a vote of 3-2, not to impose tariffs on truck and bus tires manufactured in China and imported into the U.S. is being appealed.
A 186-page final report from the International Trade Commission following its vote to impose tariffs on off-the-road tires from India and Sri Lanka provides insight into the OTR tire market. One takeaway: there are four things more important than price.
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.
Titan International Inc. Chairman Maurice "Morry" Taylor says tariffs on off-the-road tires are "an important step in restoring conditions of fair trade."
The Department of Commerce (DOC) has slightly decreased the tariff charged on off-the-road tires from India.
The leader of the United Steelworkers union says the International Trade Commission has made "a huge mistake" in not imposing tariffs on truck and bus tires from China. And based on early feedback from Modern Tire Dealer readers, tire dealers and particularly retreaders agree.
No tariffs will be assessed on truck and bus tires manufactured in China and imported into the U.S. The International Trade Commission (ITC) has upended the tariff investigation by voting today against imposing tariffs on these products.
The U.S. Department of Commerce (DOC) has admitted errors in its tariff calculations on two truck and bus tire manufacturers in China, and as a result has lowered the rates Double Coin Holdings Ltd. and Guizhou Tyre Co. Ltd. — and all companies — will pay.