Sunset review determines that revoking tariffs would likely lead to material injury for local players
Washington – The US International Trade Commission (USITC) has voted to extend antidumping and countervailing duty orders on truck and bus tires from China.
In a five-year sunset review, the ITC determined that revoking the existing duties on TBR tires from China “would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.”
The 8 Aug decision will mean that 2019 countervailing duties ranging from 21% to 63.3% and antidumping duties of 9% to 22.6% on Chinese TBR tires will remain in place until the next review in 2029.