" They alleged that these products from China were sold below the fair value of the products in the US market with dumping margin of 45.80-87.99 percent, and Chinese producers and exporters also received improper government subsidies."
Washington, July 23 - The US International Trade Commission (USITC) Tuesday approved the anti-dumping and countervailing duties investigations against imports of certain passenger vehicle and light truck tires from China.

USITC's all six commissioners voted in the affirmative, saying, there is a reasonable indication that a US industry is materially injured by reason of imports of certain passenger vehicle and light truck tires from China that are allegedly subsidized and sold in the United States at less than fair value, Xinhua reported.

As a result of the commission's affirmative determinations, the US Commerce Department will continue the probes and is expected to make preliminary countervailing and antidumping duty determinations in August and November separately.

The US Commerce Department launched the anti-dumping and countervailing duties probes July 15 at the request of two US labour organisations United Steelworkers and AFL-CIO-CLC.

They alleged that these products from China were sold below the fair value of the products in the US market with dumping margin of 45.80-87.99 percent, and Chinese producers and exporters also received improper government subsidies.

Imports of these products from China were estimated at about $2.1 billion last year, according to official US data.


comments powered by Disqus
Read more on:
 

PERMALINK

http://www.nerve.in/news:2535002390308
You can quote the permanent link above for a direct link to the story. We do not archive or expire our news stories.


STORY OPTIONS
  Email this story to a friend
  XML feed for Americas


 
COPYRIGHTS INFORMATION
All rights reserved for news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.
Contact Nerve Staff for any feedback, corrections and omissions in news stories.
 

All rights reserved for the news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.