Whether it’s called a trade war or not, President Donald Trump’s trade policy includes another 10% tariff on all tires from China.
On July 10 U.S. Trade Representative Robert Lighthizer published a 194-page list of items manufactured in or imported from China that would be subject to an additional 10% tariff. And yes, tires are on the list — passenger tires, bus and truck tires, racing tires, motorcycle tires, bicycle tires, and off-the-road tires for applications in farm, forestry, construction, mining and handling equipment.
Retreads are included, too, as are used tires, solid tires and rubber inner tubes for tires.
Elements needed to manufacture tires, such as tire cord fabric and rubber, are on the list, too.
Click here to review the whole list and notice from Lighthizer’s office.
The new list — an original one was published in April, with tariffs of 25% — comes after China retaliated by imposing its own duties on goods in the U.S.
“The proposed modification is to maintain the original $34 billion action and the proposed $16 billion action, and to take further action in the form of an additional 10 percent ad valorem duty on products of China with an annual trade value of approximately $200 billion.”
The office of the U.S. Trade Representative is seeking public comments and will hold a public hearing on the new proposed tariffs. Comments are due by Aug. 17, 2018. A public hearing will be held Aug. 20-23 in the main hearing room of the U.S. International Trade Commission, beginning at 9 a.m.
Electronic submittals are preferred, via www.regulations.gov, and should be submitted to docket number USTR-2018-0026.