According to the information just obtained by the China Rubber Industry Association, the US Department of Commerce has published the “Double-Reverse” tax order on the Huaka Bus tires on February 15, 2019. The US Customs will start from now. The above products are subject to anti-dumping and countervailing duties.
After anti-dumping and countervailing investigations from 2016 to 2017, the US Department of Commerce determined that the dumping margins of more than 100 Chinese truck and bus tire production and export enterprises such as Pulin Chengshan, Shuangqian Tire and Guizhou Tire were 9%~22.57%.
At the same time, it was determined that the subsidy rate of Guizhou tires was 63.34%, the subsidy rate of double money tires was 20.98%, and the subsidy rate of other producers was 42.16%.
The agency said in the announcement that the dual-money tires and Guizhou tires had previously proposed a correction for the correction of the subsidy rate. After revision, the subsidy rate of Shuangmo tires was lowered by 17.63%, the subsidy rate of Guizhou Tire was lowered by 2.12%, and the subsidy rate of other Chinese manufacturers was lowered by 9.88%.