On January 21st, US time, the US Department of Commerce issued a preliminary ruling on the anti-dumping of passenger and light truck tires in China, and found that there was dumping of tires in China. At the same time, the US Department of Commerce announced the effective initial ruling rate for dumping and subsidies.
The US Department of Commerce ruled that the mandatory responding companies Jiatong and the racing wheel received a dumping tax rate of 19.17% and 36.26% respectively. Other companies receive separate tax rates and national tax rates. At the same time, the US Department of Commerce accepted the requirements of the round of counter-subsidy double relief adjustments, and adjusted three subsidies for carbon black, cord fabric and synthetic rubber below the full consideration, and reduced the dumping tax rate by 6.97%. ; did not accept Jiatong's application for adjustment of double relief. For companies that receive separate tax rates, the US Department of Commerce also lowered the dumping margin against the situation of the race.
Due to the double relief rate adjustment and export subsidy adjustment for the companies with different tax rates, the actual implementation of the dumping tax rate is lower than the ruling dumping rate. In addition, the US Department of Commerce imposes a bundling rate, and exporting companies need to be bundled with the producers they report. If the exporter exports the products of the unbundled producers, they must pay the relevant anti-dumping and countervailing duties at the national tax rate.
In addition, the export data submitted by Jiatong and the racing wheel showed that there was no sharp increase in exports to the US before and after the filing, so the two companies did not identify an emergency situation; all other companies, the US Department of Commerce used US Customs import data for analysis. It is determined that their exports to the United States have increased by more than 15% before and after the filing of the case, and there has been a sharp increase in the short term, so it is determined that there is an emergency. Therefore, the US Department of Commerce will impose anti-dumping duties on Chinese companies other than Sai Wan and Jiatong, dating back to 90 days before the initial ruling.
In this ruling, the US Department of Commerce continued the policy of not giving state-owned enterprises a separate tax rate in the past two years, and refused to grant six state-owned enterprises a separate tax rate, namely: Fengshen Tire Co., Ltd., Shaanxi Yanchang Petroleum Group Rubber Co., Ltd. Shanghai Shuangqian Group Co., Ltd., Guizhou Tire Import & Export Co., Ltd., Zhongce Rubber Group Co., Ltd., Sichuan Tire Rubber (Group) Co., Ltd.
At the same time, 11 companies that failed to prove that they were not under government control were refused to dump the respective tax rates; four companies that did not ship during the investigation period, such as Tianjin Wanda Tire, were refused to dump the respective tax rates. These companies received a national tax rate of 87.99% for their respective tax rate applications. A total of 85 companies applied for separate tax rates, 64 companies received separate tax rates, and 21 companies were denied separate tax rates.
Shandong Yongsheng has obtained the national tax rate of 87.99% for dumping due to the withdrawal of this survey.
In this preliminary ruling, the US Department of Commerce used Thailand as a surrogate country to calculate the normal value of Chinese products.
The US Department of Commerce plans to make a final ruling on dumping and subsidies on June 11 this year, and the US International Trade Commission plans to make a final ruling on July 26. If all decisions are affirmative, a tax order will be issued on August 3.