The preliminary anti-subsidy rate announced by the US Department of Commerce includes the rate of 4.7% for BKT Tire Company, 7.64% for ATC Tire Company, and 6.17% for other tire manufacturers and exporters. In the survey of Sri Lanka, the tax rate determined for tire manufacturers in Sri Lanka was 2.9%. The U.S. Department of Commerce will announce the final decision on October 28. The two anti-surveys initiated by the company include the Titan Tire Company, the American Iron and Steel Workers Association, the Paper, Forestry, Rubber, Manufacturing, Energy and other full-time industrial and service worker international alliances. The scope of the investigation included specific pneumatic tires, certain specific off-road tires, and non-pneumatic radial tires. In which China concentrated on the investigation of truck and bus tires, the preliminary announcement of the Chinese truck and bus tires was repeatedly postponed and has been postponed three times. It is expected that the final announcement time will be at the end of 2016, during which four Chinese tire companies are targeting the United States. The tariffs imposed on tires imported from China were brought to the US local international trade court to protest against the anti-dumping duty rates issued by the Federal Register on April 20, 2016. The investigation of construction vehicle tyres was concentrated in India and Sri Lanka. At present, India and Sri Lanka did not have any indication of the preliminary ruling. It is not known whether they will also have tire companies joining forces to fight up.
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US Double Concentration Focuses on Chinese Truck Tires
On June 15, 2016, the U.S. Department of Commerce announced that the United States Department of Commerce announced preliminary investigations into anti-subsidy investigations on tires imported from India and Sri Lanka.