USA sets final duties on CV steel wheels from China
The USA has determined the rate of anti-dumping and countervailing duties it will charge on steel commercial vehicle wheels imported from China, and the levels set are high. This month, the US Department of Commerce announced final anti-dumping duties of 231.7 per cent and countervailing duties of 457.1 per cent.
The rate chosen for the final anti-dumping duty matches the preliminary duty set in October 2018. Preliminary countervailing duties set in August 2018 ranged between 58.75 and 172.51 per cent. Duties apply to roadgoing steel wheels with 22.5-inch and 24.5-inch diameters.
The investigation into dumping and subsidies on these products was initiated at the request of Accuride Corporation and Maxion Wheels. The two firms petitioned the International Trade Commission in March 2018.