On August 8, the U.S. International Trade Commission (ITC) voted to continue imposing "anti-dumping" (AD) and "countervailing" (CVD) duties on Chinese truck and bus tires.
The vote, with a result of 3-1, saw three commissioners in favor of the decision.
The Commission stated that lifting the tariffs now could harm the U.S. domestic tire industry.
Between 2003 and 2018, China was the largest exporter of truck and bus tires to the U.S. globally.
In 2017, the United Steelworkers Union filed an anti-dumping and anti-subsidy complaint with U.S. authorities.
Following an investigation, the U.S. Department of Commerce imposed AD and CVD duties on Chinese truck and bus tires in 2019.
The countervailing duties range from 21% to 63.3%, while the anti-dumping duties range from 9% to 22.6%.
Under U.S. trade law, these tariffs are subject to a sunset review every five years.
Since the imposition of the "anti-dumping" and "countervailing" tariffs, the volume of Chinese truck and bus tires exported to the U.S. has significantly decreased.
In 2019, the number of Chinese truck tires exported to the U.S. was 3.19 million units, a year-on-year decline of 65.4%. By 2023, China ranked behind Thailand, Vietnam, Japan, and Canada in tire exports to the U.S. in this category.
