Double Coin Tire Vows To Fight Antidumping Duty

China Manufacturers Alliance L.L.C./Double Coin Holdings has vowed to fight a Commerce Department review of antidumping duties on Chinese off-the-road tires that would have CMA/Double Coin paying a 105.59-percent duty rate.
“The Commerce Department’s justification for ignoring actual sales and cost data from CMA and Double Coin is questionable in our case,” said Dan Porter, an attorney representing CMA/Double Coin, in an Oct. 9 news release.

“Even though the Commerce Department explicitly found that CMA’s sale prices were well above market economy costs of production, and therefore had no dumping, their preliminary determination is to still impose an arbitrary antidumping duty rate of 105 percent,” Porter said.

On Oct. 10, the Commerce Department published the preliminary results of a review of antidumping duties on Chinese OTR tires for the period between Sept. 1, 2012 and Aug. 31, 2013.

The agency reviewed five companies: CMA/Double Coin; Guizhou Tyre Co. Ltd.; Zhongce Rubber Group Co. Ltd.; Weihai Zhongwei Rubber Co. Ltd.; and Trelleborg Wheel Systems (Xingtai) China Co. Ltd.

Because this is a preliminary decision, CMA/Double Coin will have the opportunity to argue against high duties for its OTR tire imports, according to Porter.

“CMA is an American brand and company operating in the United States, and they have been found to be conducting business properly,” he said. “Needless to say, CMA is quite surprised by this initial ruling, which appears to be based on a misunderstanding of the evidence.” CMA/Double Coin is headquartered in Monrovia, Calif.

Source Tire Review

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