In a preliminary decision, the U.S. Department of Commerce has ruled in favor of Thai manufacturers of bus and truck tires intended for the U.S. market.
On May 15, it was announced that Prinx Chengshan Tire (Thailand) Co. Ltd. will not face any antidumping duties on these tires, while Bridgestone Corp. and other companies will incur a duty rate of 2.35%.
This investigation began following an October petition from the United Steelworkers (USW) union, which alleged that unfairly low prices—dumping margins reaching up to 47.8%—were harming U.S. producers and threatening jobs.
The International Trade Commission (ITC) sanctioned a thorough investigation in late November, during which Prinx Chengshan Tire North America Inc. was the sole company to oppose the USW's petition with in-person testimony.
The ITC's timeline indicates that the DOC must finalize its ruling by July 29. The ITC will then have until September 12 to make its final determination, with the final order expected by September 19.
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