DOC Finds No Evidence of Dumping in Initial Tariff Ruling
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.
That doesn’t mean the DOC’s investigation comes to an end, however. This finding, issued on Aug. 12, 2016, ends the preliminary stage, and the DOC will continue to collect evidence in the coming months before it issues its final determination on Jan. 4, 2017. If the DOC’s review of data reveals OTR tires from India have been dumped in the U.S., it could still impose tariffs.
The DOC has based its review on data provided by two tire manufacturers in India: ATC Tires Private Ltd. (a part of Alliance Tire Group) and Balkrishna Industries Ltd. Neither company has sold tires at less than fair value, the DOC said.
This negative finding also doesn’t cancel an earlier preliminary determination by the DOC that OTR tire makers in India, as well as Sri Lanka, are benefitting from subsidies from those foreign governments and should be subject to countervailing tariffs.