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THE United States on Friday imposed duties on certain automobile and light truck tires imported from China “after finding they were being dumped at below-market value and unfairly subsidized by the Chinese Government.”
In a final decision, the U.S. Commerce Department set duties exceeding 100 percent in some cases.
The duties will affect goods from companies including Shandong Yongsheng Rubber Group Co., Cooper Kunshan Tire Co., a subsidiary of Cooper Tire & Rubber Co., and Giti Tire (Fujian) Co., a subsidiary of Giti Tire.
In 2014, U.S. imports of passenger vehicle and light truck tires from China were worth about US$2.3 billion.
The duties are still subject to a final decision by the U.S. International Trade Commission, which is due in July.
(SD-Agencies)
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