DOC: Tariffs to Remain on Certain Imported PLT Tires

DOC: Tariffs to Remain on Certain Imported PLT Tires

The U.S. Department of Commerce has affirmed its preliminary findings that passenger and light truck tires imported from South Korea, Taiwan, Thailand and Vietnam are being dumped in the U.S.

Passenger and light truck tires imported from South Korea, Taiwan, Thailand and Vietnam are being dumped in the U.S. at below-market prices, the U.S. Department of Commerce announced with its final determinations in the antidumping duty investigations of those countries.

The department’s preliminary investigation determined that exporters have dumped passenger tires in the United States at rates of 14.24% to 38.07% for South Korea, 52.42% to 98.44% for Taiwan, 13.25% to 22.21% for Thailand, and up to 22.30% for Vietnam. For more background on the preliminary investigation, click here.

In its final determinations, the Dept. of Commerce also upheld its preliminary findings that some tiremakers in Vietnam benefited from government subsidies in that country. Those tires will also be subject to countervailing duties to offset those subsidies.

Final anti-dumping rates by region, as published by the DOC on May 24, are as follows:

South Korea

Hankook Tire & Technology Co. Ltd – 27.05%

Nexen Tire Corporation – 14.72%

All Others – 21.74%

Taiwan

Cheng Shin Rubber Ind. Co. Ltd – 20.04%

Nankang Rubber Tire Corp. Ltd. – 101.84%

All Others – 84.75%

Thailand

LLIT (Thailand) Co., Ltd – 21.09%

Sumitomo Rubber (Thailand) Co., Ltd – 14.62%

All Others – 17.08%

Vietnam

Sailun Group (HongKong) Co., Limited/Sailun Tire Americas Inc./Sailun (Vietnam) Co., Ltd. – 0.00%

Kenda Rubber (Vietnam) Co. Ltd./Kenda Rubber (Vietnam) Co. Ltd. – 0.00%

Bridgestone Corporation/Bridgestone Tire Manufacturing Vietnam LLC – 0.00%

Bridgestone Tire Manufacturing Vietnam LLC/Bridgestone Tire Manufacturing Vietnam LLC – 0.00%

Kumho Tire (Vietnam) Co., Ltd/ Kumho Tire (Vietnam) Co., Ltd. – 0.00%

The Yokohama Rubber Co., Ltd./Yokohama Tyre Vietnam Co. – 0.00%

Vietnam-Wide Entity (All others) – 22.30%

Vietnam Final Subsidy Rates (due to countervailing duties)

Kumho Tire (Vietnam) Co., Ltd – 7.89%

Sailun (Vietnam) Co., Ltd. – 6.23%

All Others – 6.46%

You May Also Like

ZF Aftermarket Releases 36 New Parts for US, Canada

ZF has introduced a total of 185 new products in 2024 under the ZF, LEMFÖRDER, SACHS, TRW and WABCO brands.

ZF Aftermarket announced it launched 36 new part numbers for a variety of braking, suspension and transmission components for passenger cars in the United States and Canda (USC) aftermarket. This includes 10 new part numbers for SACHS Continuous Damping Control (CDC) shock absorbers, bringing the total number launched this year to 60.

Dana Expands Spicer ReadyShaft Assembly Coverage

The addition of more than 3,000 new part numbers brings Dana’s ReadyShaft program
to over 13,000 active SKUs.

Dana-Expands-Spicer-ReadyShaft-Assembly-Coverage
Litens Aftermarket North America Elevates Sustainability Efforts

Litens said it is dedicated to achieving carbon neutrality by 2030. 

Litens Aftermarket North America Elevates Sustainability Efforts
HELLA Introduces HELLA BLADE LED 6” Series Auxiliary Lights

The HELLA BLADE Series combines powerful illumination with innovative features for the ultimate driving experience, the company said.

HELLA-BLADE-LED-6-Series-Auxiliary-Lights
Transtar Announces Agreement for Axalta to Acquire The CoverFlexx Group

Axalta Coating Systems has signed a definitive agreement to acquire Transtar Holding Company’s subsidiary The CoverFlexx Group.

Transtar-logo-on-white

Other Posts

Bendix: Air Disc Brake Production has Doubled Since 2018

Commercial ADB adoption rates in Class 6-8 vehicles are now up over 50%, according to Bendix.

Bendix Bowling Green
MPA: ‘We’re as Strong as Ever’

Chairman, President and CEO Selwyn Joffe discusses what he’d like the aftermarket to know about Motorcar Parts of America.

MPAs-Selwyn-Joffe-Were-as-Strong-as-Ever
Dayton Parts Offers New Aftermarket Products

A new DPF differential pressure sensor, engine oil dipsticks and fuel injector wiring harnesses designed to match OEM spec.

Dayton-parts-releases-2-sensor-dipstick-harnesses-1400
Hunter Engineering Releases Alignment Coverage for Hundreds of Vehicles

The release covers brand-new records – those not yet in existence at the time of the previous release – as well as updates to existing records, covering OEM changes to existing vehicles, the company said.

Hunter Engineering Releases Alignment Coverage for Hundreds of Vehicles