USITC Finalizes Determination: Antidumping & Countervailing Duties for Tire Case

USITC Finalizes Determination: Antidumping & Countervailing Duties for Tire Case

What are Antidumping and Countervailing Duties?

U.S. industries may petition the government for relief from imports that are sold in the United States at less than fair value (“dumped”) or which benefit from subsidies provided through foreign government programs.

• Antidumping = Imports Sold at Less Than Fair Value
• Countervailing Duty = Subsidized Imports

To read more: USITC – Understanding

Tire Case

The United States International Trade Commission (USITC) determined that a U.S. industry is materially injured by reason of imports of certain passenger vehicle and light truck tires from China that the U.S. Department of Commerce has determined are subsidized and sold in the United States at less than fair value.  The Commission also made negative findings with respect to critical circumstances.

As a result of the USITC’s affirmative determinations, the Department of Commerce will issue antidumping and countervailing duty orders on imports of these products from China.

To read more: News Release 15-059