The additional tariffs set on Chinese consumer tire imports by the United States Department of Commerce (DOC) are effective Dec. 1, 2014, according to a notice published in the Dec. 1 edition of the Federal Register.
The tariffs are retroactive 90 days from Dec. 1. This means Chinese consumer tires imported on or after Sept. 2, 2014, are subject to the additional duties.
The DOC imposed the following tariffs in addition to the existing 4% tariffs on consumer tires imported from China:
Cooper Tire & Rubber Co.: 12.5%.
GITI Tire (Fujian) Co. Ltd. (and certain cross-owned companies): 17.69%.
Shandong Yongsheng Rubber Group Co. Ltd.: 81.19%.
All other Chinese exporters: 15.69%.
To read the Federal Register notice, click here.
For more information on the tariffs, see:
“Two companies explain why tariffs are wrong”
“When will importers have to pay the tariff(s)?”
“15.6% to 17.6% tariffs are effective immediately -- and retroactive”
