WASHINGTON—More than a dozen tire companies from South Korea, Taiwan and Thailand have petitioned the U.S. Department of Commerce to review import duties the U.S. imposed on passenger and light truck tires from those nations in June 2021.
The companies are exercising their rights under U.S. law that provides affected parties to request an administrative review of import duties each year during the anniversary month of the publication of an antidumping or countervailing duty order.
The U.S. International Trade Commission voted 4-1 in June 2021 to uphold antidumping duties on consumer tires from South Korea, Taiwan and Thailand.
The decision cemented elevated import duties on nearly $4 billion worth of imports from the affected nations, as determined earlier by the Commerce Department. That ruling was based on its belief that the tires "are being, or are likely to be, sold in the U.S. at less than fair value."
The investigation—done in response to a petition from the United Steelworkers (USW) in May 2020—covered a period from April 1, 2019, through March 31, 2020.
