WASHINGTON—The U.S. International Trade Commission's ruling today to affirm antidumping duties on passenger and light truck tires from South Korea, Taiwan, and Thailand was a 4 to 1 vote, with Commissioner David Johanson dissenting.
After weighing the evidence collected since May 2020 and engaging in a hearing on May 24 with representatives of both sides of the issue, the ITC commissioners agreed with the Commerce Department's earlier determination that the U.S. tire industry is being "materially injured" by reason of imports from the three Asian countries that are being sold at "at less than fair value."
The commissioners also agreed that such imports from Vietnam are being subsidized by that country's government, and therefore should be subject to countervailing duties.
The commissioners also determined that imports of the targeted products from Vietnam that Commerce determined were being sold at less than fair value are "negligible" and thus voted to terminate the antidumping duty investigation concerning Vietnam.
Voting in favor of keeping the duties in place were Chair Jason E. Kearns, Vice Chair Randolph Stayin and Commissioners Rhonda Schmidtlein and Amy Karpel.
As a result of the ITC's affirmative determinations, Commerce will issue antidumping duty orders on imports of these products from South Korea, Taiwan, and Thailand, and a countervailing duty order on imports of these products from Vietnam.
The antidumping duty investigation regarding imports of these products from Vietnam will be terminated.
