USITC Authorizes Remedial Duties for Tires from Four Countries
On June 23, 2021, the U.S. International Trade Commission determined that U.S. tire producers of passenger vehicle and light truck tires were materially injured by unfairly traded imports from Korea, Taiwan, Thailand, and Vietnam. As a result, these imports will be subject to duties of 14.72 – 27.05 percent ad valorem for Korean imports; 20.04 – 101.84 percent for Taiwanese imports; 14.62 – 21.09 percent for Thai imports; and 6.23 – 7.89 percent for Vietnamese imports. Notably, in its investigation of tires from Vietnam, Commerce for the first time determined that currency undervaluation constituted a subsidy and imposed remedial duties as a result.
Imports of these products from the four countries were valued at more than $4.3 billion in 2020.
Schagrin Associates prepared the cases on behalf of the United Steelworkers, which represents workers at tire plants in eight states: Alabama, Arkansas, Indiana, Kansas, Ohio, North Carolina, New York, and Virginia. Schagrin Associates has over 35 years of experience representing clients in antidumping and countervailing duty proceedings. For more information, please visit our website at www.schagrinassociates.com.