Recently, Mexico issued its final ruling on the anti-dumping investigation into passenger car and light truck tires imported from China.
The ruling concluded that the investigated products posed a threat of harm to Mexico's domestic industry, and as of October 1, anti-dumping duties will be applied.
The anti-dumping duty rates for various tire companies will be based on the determined dumping margins in the final ruling. The duty rates range from 5.18% to 32.24%, with the average rate decreasing from the preliminary rate of 21.77% to 14.82%.
A total of 26 companies will be subject to the average duty rate, while the rates for 6 sampled companies saw slight adjustments. Among the more than 30 companies involved, only Zhengdao Tire and Shandong Haohua had significant reductions in their duty rates.
The anti-dumping investigation was launched in April 2023, focusing on Chinese passenger car and light truck tires.
The investigation period covered July 1, 2021, to June 30, 2022, while the period for the harm analysis was from July 1, 2019, to June 30, 2022.
In April 2024, the preliminary ruling of the case was released, and it was decided that no temporary anti-dumping duties would be imposed at that time.