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On December 30, 2020, the U.
The overall preliminary ruling tax rate for the "double anti-dumping" is significantly lower than the initial investigation tax rate, and it is also in line with market expectations.
Limited impact on Chinese companies
The U.
By analyzing the historical results and impact of the US anti-dumping investigation on Chinese tires, we judge that the anti-dumping investigation will impact local exports to the United States and the overall export volume in the short term.
From the perspective of the preliminary tax rate, the "double reverse" tax rate is significantly lower than the previous "double reverse" tax rate implemented by the United States against China's semi-steel tires.
Double anti-dumping stems from the surge in imports from four places
On May 13th, the United States Steel Workers' Federation (USW) has filed anti-dumping and countervailing duties against passenger car and light truck tires made in South Korea, Taiwan, Thailand and Vietnam
According to MTD statistics, these four countries exported 85.
The union stated in a statement issued on May 13 that despite the increasing demand for passenger car and light truck tires in the United States, domestic producers are still being forced to cope with the problems of declining market share, declining profits and unemployment
