WASHINGTON (Feb. 7, 2008) — Chinese manufacturers of pneumatic off-the-road tires are dumping their products in the U.S. at rates ranging from 10.98 percent to 210.48 percent less than fair value, the U.S. Commerce Department has ruled in a preliminary decision.
Commerce will instruct the U.S. Customs Service to collect cash deposits based on these preliminary rates, the agency said in a press release. Titan Tire Corp. and the United Steelworkers union filed a petition with Commerce and the International Trade Commission last year, complaining that unnaturally low Chinese OTR tire prices were hurting domestic tire makers in the U.S. market.
Commerce said it will make its final antidumping determination in June. If the final ruling is affirmative, and the ITC also makes a final determination of material injury, the cash deposits will become permanent antidumping duties.
"Today´s decision will help level the playing field for U.S. workers by requiring Chinese tire imports to be priced fairly," said USW International President Leo W. Gerard in a press release.
Titan Chairman and CEO Maurice Taylor Jr. could not immediately be reached for comment.
The main duties being imposed are:
- Guizhou Tyre Co. Ltd./ Guizhou Advance Rubber and Guizhou Tyre Co. Ltd., 16.35 percent;
- Hebei Starbright Tire Co. Ltd., 19.73 percent;
- Tianjin United Tire & Rubber International Co. Ltd., 10.98 percent; and
- Xuzhou Xugong Tyre Co. Ltd., 51.81 percent.