DOC Lowers Tariffs on Chinese Truck Tires

Dec. 27, 2021

The U.S. Department of Commerce (DOC) has determined that countervailing duties imposed on truck/bus tires produced in China should be reduced. The lower rates are effective as of Dec. 23, the date the details were published in the Federal Register.

This is the second in a two-part review process for the DOC. The DOC conducts regular reviews of tariffs, and this year reviewed the rates tiremakers and marketers paid in 2019. The agency published its preliminary results on June 25. On Oct. 1, it extended the deadline for the final results of this administrative review until Dec. 17. 

This current review applies only to the countervailing duties, which are meant to offset subsidies government entities in China are paying to producers.

The updated CV duties are:

Prinx Chengshan (Shandong) Tire Co. Ltd. — 17.47%

Qingdao Ge Rui Da Rubber Co. Ltd. — 14.77%

Other named companies — 15.67%.

For some perspective, the original 2019 rates started at 20.98% — that was the countervailing tariff assessed on Shanghai Huayi Group Corporation Ltd., which is the company that controls Double Coin.

According to the agency's ruling from February 2019, the rates in force up to now were: Guizhou Tyre Import and Export Co. Ltd./Guizhou Tyre Co. Ltd. paid 63.34% All others were assessed a tariff of 42.16%

Since Feb. 15, 2019, medium truck and bus tires from China have been subject to both anti-dumping and countervailing duties as they reach the U.S. The anti-dumping rates (set at 9% for 256 specifically named tiremakers and 22.57% for all others) remain unchanged. 

Here’s a list of the respondents that would also pay the 15.67% rate.

Aeolus Tyre Co., Ltd. 

Chaoyang Long March Tyre Co., Ltd. 

Doublestar International Trading (Hongkong) Co., Limited 

Giti Radial Tire (Anhui) Company 

Giti Tire (Fujian) Company Ltd. 

Giti Tire Global Trading Pte Ltd. 

Guangrao Kaichi Trading Co., Ltd. 

Guizhou Tyre Co., Ltd. 

Guizhou Tyre Import and Export Co., Ltd. 

Hefei Wanli Tire Co., Ltd. 

Hongtyre Group Co. 

Jiangsu General Science Technology Co., Ltd. 

Koryo International Industrial Limited 

Maxon Int’l Co., Limited 

Megalith Industrial Group Co., Limited 

Qingdao Awesome International Trade Co., Ltd 

Qingdao Doublestar Overseas Trading Co., Ltd. 

Qingdao Doublestar Tire Industrial Co., Ltd. 

Qingdao Fullrun Tyre Corp. Ltd 

Qingdao Jinhaoyang International Co., Ltd. 

Qingdao Keter International Co., Limited 

Qingdao Lakesea Tyre Co., Ltd 

Qingdao Powerich Tyre Co., Ltd. 

Qingdao Shinego Tire Tech Co., Limited (also known as Qingdao Shinego Tyre Tech Co., Ltd.) 

Qingdao Sunfulcess Tyre Co., Ltd. 

Shandong Habilead Rubber Co., Ltd.

Shandong Haohua Tire Co., Ltd. 

Shandong Huasheng Rubber Co., Ltd 

Shandong Hugerubber Co., Ltd. 

Shandong Kaixuan Rubber Co., Ltd 

Shandong Province Sanli Tire Manufactured Co., Ltd

Shandong Qilun Rubber Co., Ltd. 

Shandong Transtone Tyre Co., Ltd 

Shandong Wanda Boto Tyre Co., Ltd. 

Shandong Yongsheng Rubber Group Co., Ltd. 

Shanghai Huayi Group Corporation Limited 

Shengtai Tyre Co., Ltd. 

Sichuan Kalevei Technology Co., Ltd. 

Tongli Tyre Co., Ltd. 

Triangle Tyre Co., Ltd. 

Weifang Shunfuchang Rubber and Plastic Products Co., Ltd.

Here is a link to the full Federal Reserve report.