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You are here: Home1 / countervailing duties

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Titan International: Strong 2022 results, India concerns

Company News, International News

Titan International, Inc. has reported record turnover and profitability during the 2022 financial year. While the US-based manufacturer of OTR tyres and wheels increased its net sales by 21.9% to US$2.2 billion, income from operations jumped by more than 141% to $205.8, almost doubling the return on sales to 9.5%.

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28th February 2023/by Stephen

USA to introduce antidumping, countervailing orders on PLT tyres from 4 countries

International News

The United States International Trade Commission (USITC) has determined that passenger vehicle and light truck (PLT) tyres imported from Korea, Taiwan, and Thailand are being sold in the USA at prices that materially injure the local tyre industry. In addition, the U.S. Department of Commerce has determined that Vietnam’s government is subsidising PLT tyres that are then sold in the USA at “less than fair value.”

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Related news:

  1. USA approves anti-dumping duties on tyres from 4 countries
  2. USA retains duties on PLT tyres
  3. US sets antidumping duties for Chinese tyres
  4. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
28th June 2021/by Stephen

USA retains duties on PLT tyres

International News
Tyrepress.com / Stephen Goodchild

The USA will continue to apply anti-dumping and countervailing duties to passenger vehicle and light truck (PLT) tyres from China. The U.S. International Trade Commission (USITC) decided against ending the charging of duties, which have applied to these products since 2015, after determining that doing so would “likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.” Unsurprisingly, the United Steelworkers union applauds the decision.

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Related news:

  1. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  2. Chinese truck/bus tyres: US court partially rejects determination
  3. US imposes Chinese tyre import tariffs
  4. USA sets final duties on CV steel wheels from China
28th January 2021/by Stephen

USW files anti-dumping petitions against Korea-, Taiwan-, Thailand- and Vietnam-made tyres

Company News, International News

In the USA the United Steelworkers (USW) union has filed antidumping (AD) and countervailing duty (CVD) petitions on dumped and subsidized passenger vehicle and light truck (PVLT) tyres with the Department of Commerce and the International Trade Commission

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  1. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  2. Chinese truck/bus tyres: US court partially rejects determination
  3. US imposes Chinese tyre import tariffs
  4. Show review: Reifen China 2014
18th May 2020/by Chris

USA sets final duties on CV steel wheels from China

International News

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.

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Related news:

  1. Will Europe impose tyre import tariffs?
  2. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  3. Chinese truck/bus tyres: US court partially rejects determination
  4. US imposes Chinese tyre import tariffs
31st May 2019/by Stephen

Investigation: India considering duties on Chinese truck tyres

International News

Authorities in India are conducting an investigation into alleged subsidies on truck and bus tyres imported from the People’s Republic of China. According to a document released on Wednesday by the Directorate General of Trade Remedies, a department of India’s Department of Commerce, the investigation is taking place in response to a submission filed by local industry representative the Automotive Tyre Manufacturer’s Association (ATMA) on behalf of tyre makers Apollo Tyres, J. K. Tyre & Industries, MRF and Ceat. Should the allegations be verified, the department will recommend implementing countervailing duties.

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  1. EC decides against tyre anti-subsidy measures – for now
  2. Indian market launch for Conti truck radials
  3. Imports creating disquiet within India’s tyre industry
  4. It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania
29th March 2019/by Stephen

Chinese truck/bus tyres: US court partially rejects determination

International News

The U.S. International Trade Commission (ITC) must reappraise its final determination on truck and bus tyres from China after the US Court of International Trade (CIT) only partially sustained the ITC’s determination that the US tyre industry has been neither materially injured nor threatened with material injury by imports of these products.

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  1. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  2. USA sets final duties on CV steel wheels from China
  3. TIA opposes Chinese import tariffs
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2nd November 2018/by Stephen

NTDA: EC anti-subsidy decision ‘no great surprise’

Company News, International News, Premium, Retreading, UK News

Following decisions on the part of the European Commission (EC) to review its Chinese truck tyre anti-dumping tariffs and to decide against implementing anti-subsidy remedies against Chinese-produced tyres for the time being, the industry itself has been responding to the news. For its part, the UK’s National Tyre Distributors Association (NTDA) was not shocked by the news that the EC is not planning to implement anti-subsidy (otherwise known as counter-veiling duties) and highlighted difficulties associated with their implementation.

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Related news:

  1. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  2. EU begins registering Chinese truck tyre imports
  3. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  4. Tariff fightback? What importers and associations are doing in response to European anti-Chinese truck tyre duties
1st August 2018/by Chris

EC decides against tyre anti-subsidy measures – for now

International News, UK News

Recent published articles have led to uncertainty regarding duties upon new and retreaded bus and truck tyres originating in the People’s Republic of China. On 13 July, the European Commission announced its decision not to impose anti-subsidy measures during its ongoing investigation into these products. This decision reflects the Commission’s practice of not simultaneously imposing provisional anti-dumping and anti-subsidy measures prior to reaching a final decision on the matter.

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Related news:

  1. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  2. NTDA: EC anti-subsidy decision ‘no great surprise’
  3. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  4. Chinese truck tyres: EC proposes revised anti-dumping duties
19th July 2018/by Stephen

USA drops Sri Lanka OTR tyre duty

International News

The Sri Lanka Association of Manufacturers and Exporters of Rubber products (SLAMERP) has praised the USA’s decision to revoke the countervailing duty imposed upon off-the-road tyres imported from Sri Lanka. Commenting upon the ruling made by the US Court of International Trade on 11 July, SLAMERP notes that it “expresses confidence” in the growth of Sri Lankan exports to the USA.

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Related news:

  1. Sri Lanka to grow rubber sector
  2. US reduces Chinese tyre countervailing duties
  3. US puts duties on Indian and Sri Lankan OTR tyres
  4. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
18th July 2018/by Stephen

Titan thanks US government for ‘diligence’ in reviewing tyre subsidies

International News

Titan International has commented on the final results of the US Department of Commerce’s (DOC) review of imported OTR tyres from China in 2014 and 2015, which show the Chinese government increased the level of subsidies it gave tyre makers, enabling their products to continue selling in the US market at what the tyre maker calls a less than fair value.

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Related news:

  1. Looking forward to level playing field – Titan International testifies in duty hearing
  2. Show review: Reifen China 2014
  3. NTDA: EC anti-subsidy decision ‘no great surprise’
  4. Chinese truck/bus tyres: US court partially rejects determination
19th April 2017/by Tyrepress Editors

USA: No antidumping and countervailing duties on Chinese truck & bus tyres

International News

In a 3-2 vote, the United States International Trade Commission (ITC) yesterday determined that the US tyre industry hasn’t been materially injured by imports of truck and bus tyres from China, nor is it threatened by these imports. The US Department of Commerce previously determined that these imported tyres are subsidised and are sold in the United States at less than fair value.

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Related news:

  1. US imposes Chinese tyre import tariffs
  2. Chinese truck/bus tyres: US court partially rejects determination
  3. US tyre investigation is “dog in the manger” behaviour, says Chinese ministry
  4. US reduces Chinese tyre countervailing duties
23rd February 2017/by Tyrepress Editors

US investigating dumping of Chinese truck and bus tyres

International News

The United States International Trade Commission has launched an investigation into dumping allegations related to Chinese-produced truck and bus tyres sold in the US market. The ITC released information on its action on 29 January; the decision to commence preliminary anti-dumping and countervailing duty investigations follows the lodging of a petition by the United Steelworkers union.

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Related news:

  1. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
  2. Chinese truck/bus tyres: US court partially rejects determination
  3. USA sets final duties on CV steel wheels from China
  4. USW receives Dept of Commerce deadline extension for Chinese antidumping decision
1st February 2016/by Tyrepress Editors

Show review: Reifen China 2014

Company News, International News, Premium, Product News

The eighth annual “Asian Essen”, Reifen China took place at the Shanghai New International Expo Centre in the first week of December, with some of the Chinese tyre industry’s major players rubbing shoulders for the last time in 2014. The European side of the Sino-German partnership behind the annual show, Messe Essen stated that it expected the presence of around 120 exhibitors in hall W1 and 15,000 trade visitors. This latter figure, unconfirmed at the time of writing, takes into account the other three-quarters of the twin exhibition; RubberTech China 2014 and the International Exhibition on Rubber & Elastomer, led by the China United Rubber Corporation, comprised around 500 exhibitors across another three halls (W2-4). Messe Essen CEO, Oliver P Kuhrt stressed the importance of the ‘Reifen’ brand’s presence in China, stating in his introduction to the show that it “stands for the success of a fair made in Essen extending across borders”. With about two thirds of the exhibitors at May’s Reifen 2014 visiting Essen from outside Germany, Messe Essen also noted the importance of Reifen China in recruiting Asian participants, whose attention the exhibition organiser has drawn in Shanghai.

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  1. 120 exhibitors, 15,000 visitors expected for Reifen China 2014
  2. CITExpo bids farewell to Everbright in 13th edition, previews move to modern facility
  3. Reifen China 2013 opens, organisers launch RubberTech Europe 2014 preparations
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8th January 2015/by Andrew

Giti raises US prices

International News

Giti Tire (USA) has raised its US prices by 9.5 per cent in response to the countervailing duties introduced by the country’s government. The increases affect all passenger and light truck tyres (excluding ST tyres) produced by Giti in China, and are effective from 1 January 2015. US industry journal Tire Review revealed the anticipated price hike had been implemented as a result of the 11.74 per cent adjusted countervailing duties imposed by the US Department of Commerce on Giti Tire Fujian Co Ltd. Giti said it was still “committed” to the US market.

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Related news:

  1. TGI & GITI Tire USA Announce Distribution Agreement
  2. Will Europe impose tyre import tariffs?
  3. ‘Highly experienced’ R&D team now supporting Giti Tire in North America
  4. Show review: Reifen China 2014
7th January 2015/by Andrew
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