Trade Court Rules in Cooper's Favor

Posted on October 3, 2017

A court ruling has lowered the cash deposit Cooper Tire & Rubber Co. will pay on passenger and light truck tires it imports into the U.S. from China.

The U.S. Court of International Trade entered a final judgment on Sept. 25, 2017, related to the 2015 tariffs that were placed on passenger and light truck tires from China. Cooper had objected to how the U.S. Department of Commerce (DOC) calculated its cash deposit rate, and ultimately the trade court agreed with Cooper’s argument.

Originally, as part of the anti-dumping case, the DOC assigned Cooper a cash deposit rate of 11.12%, reflecting “an adjustment for export subsidies and estimated domestic subsidy pass-through” from the related countervailing tariff investigation.

But the court said the DOC needed to determine Cooper’s rate “on the same basis as all other separate rate respondents.”

The result is Cooper’s cash deposit rate was lowered from 11.12% to 8.72% — a decrease of 2.4%. The change is effective Oct. 5, 2017.

The change applies to all of Cooper’s business entities, including Cooper (Kunshan) Tire Co. Ltd. and Cooper Chengshan (Shangdong) Tire Co. Ltd.

Related Topics: Chinese tariffs, Cooper, tariffs, U.S. Court of International Trade

Comments ( 0 )
More Stories
Rotary Lift says the lowering to locks safety step is often overlooked when operating lifts. The company explains the importance of lowering to locks 90-Second Know How video.
News Rotary Lift Explains ‘Lowering to Locks’ Safety Step in 90-Second Video

Rotary Lift, a Vehicle Service Group (VSG) brand, explains the importance of lowering lifts to their locks in a 90-Second Know How instructional video, “Lowering to Locks.”

News Tenneco's Rancho Jeep Wrangler JL Suspension System Passes Federal Rollover Safety Test

Tenneco Inc.’s latest Rancho brand performance suspension system for the 2018 Jeep Wrangler JL recently met the requirements of the U.S. Federal Motor Vehicle Safety Standard No. 126 – Electronic Stability Control Systems (FMVSS-126) test.

News Goodyear Tire Prices Are on Their Way Up

Goodyear Tire & Rubber Co. will increase the price of select consumer tire lines on Sept. 1.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!