Most off-the-road tire manufacturers in India and Sri Lanka will pay slightly lower tariffs on their imported products following the final stage of investigation by the U.S. Department of Commerce (DOC). The exception is Balkrishna Industries Ltd. (BKT).
The investigation of whether off-the-road tires from India and Sri Lanka should be subject to tariffs is front and center at the start of 2017. On Jan. 4 those supporting and opposing tariffs are going head-to-head in a hearing before the International Trade Commission. Here’s the lineup.
At the 2016 Specialty Equipment Market Association (SEMA) Show, the tough market environment was on the minds of commercial tire dealers and manufacturers. The good news is there's an expectation for a turnaround in the first half of 2017.
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.
The United Steelworkers union is "disappointed" in the preliminary determination by the U.S. Department of Commerce in its investigation of imported off-the-road tires. The union says it will continue to press for protection from those imports on behalf of the 2,500 workers it represents who manufacture OTR tires in the U.S.
There is no evidence that off-the-road tire makers in India have sold products in the U.S. at less-than-fair-market prices, the U.S. Department of Commerce (DOC) says. As a result, OTR tire manufacturers in that country will not be charged anti-dumping tariffs.
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 United Steelworkers (USW) union says the preliminary decision by the U.S. Department of Commerce to levy tariffs on truck and bus tires from China is confirmation that the domestic industry is being harmed by those foreign imports.
Commercial truck and bus tires imported from China are benefitting from subsidies from the Chinese government, and as a result the U.S. Department of Commerce (DOC) says those tires should be subject to tariffs up to 23.38%.
Camso, formerly Camoplast Solideal, contests the U.S. Department of Commerce's preliminary ruling that it benefits from unfair government subsidies in its manufacturing of off-the-road tires in Sri Lanka.
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."