China Upset About the Tire Tariffs


China’s Commerce Ministry criticized the U.S. for imposing duties on certain passenger and light truck tires imported from the country, according to Reuters. The ministry called the move “unreasonable” and harmful to world trade.

China made several official protests to the Department of Commerce for its methods. The country claims the U.S.’s methods damage Chinese tire exporters’ legal rights and violated World Trade Organization rules, Reuters reported.

“China urges the U.S. side to strictly comply with international trade rules, prudently use trade remedies, adopt a responsible attitude and actions, correct its mistakes and safeguard the multilateral trade system and the broader U.S.-China trade relationship,” an unnamed Chinese official said.

On Friday, the Department of Commerce announced its final determinations in the antidumping duty and countervailing duty investigations on the import of certain Chinese tires. The DOC ruled to impose antidumping duties ranging from 14.35% to 87.99% and countervailing duties up to 100.77%, after deciding some companies were being unfairly subsidized by the Chinese government.

The duties are still subject to a decision by the International Trade Commission on July 27.

Source Tire Review

Your Next Tire has all your tire needs whether you need tires for your minivan, backhoe, dump truck, lawn mower, atv, semi truck or Ford F150.

We have several warehouses full of tires and ship all over the USA daily. Give us a call at 1-888-513-8473 and check out our website

Share on Facebook

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: