U.S. commission rules against Chinese tires
26/08/2008 12:00
Washington, D.C. - The United States International Trade Commission (ITC) has determined that a U.S. industry is materially injured by reasons of imports of certain off-the-road (OTR) tires from China that the U.S. Department of Commerce determined were subsidized and sold in the United States at less than fair value. OTR tires include those used on agriculture, mining and construction vehicles.
As a result of the Commission’s determination, the Department of Commerce will issue a countervailing duty order and an anti-dumping duty order on imports of these products from China. The duty order will apply to goods that entered the U.S. from China after February 20, 2008.
“Today’s decision is an exciting outcome for working men and women across the country,” said Maurice Taylor Jr., chairman and CEO of Titan International Inc., which owns OTR manufacturer Titan Tire. “It proves that many people are hurt by unfair trade practices, and shows that our trade remedy laws are effective in combating unfair foreign trade practices for U.S. industry and its workers. A level playing field has been restored in our OTR tire market, and the harm caused to the U.S. industry by Chinese producers will now hopefully be corrected.”
Titan Tire and the United Steelworkers, who represent Titan Tire workers, together filed petitions against the imports from China in June 2007.
As a result of the Commission’s determination, the Department of Commerce will issue a countervailing duty order and an anti-dumping duty order on imports of these products from China. The duty order will apply to goods that entered the U.S. from China after February 20, 2008.
“Today’s decision is an exciting outcome for working men and women across the country,” said Maurice Taylor Jr., chairman and CEO of Titan International Inc., which owns OTR manufacturer Titan Tire. “It proves that many people are hurt by unfair trade practices, and shows that our trade remedy laws are effective in combating unfair foreign trade practices for U.S. industry and its workers. A level playing field has been restored in our OTR tire market, and the harm caused to the U.S. industry by Chinese producers will now hopefully be corrected.”
Titan Tire and the United Steelworkers, who represent Titan Tire workers, together filed petitions against the imports from China in June 2007.
August 17, 2008
Source: www.canadiandriver.com
Source: www.canadiandriver.com
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