According to China Voice "Yangguang News", earlier this month, the US International Trade Commission voted in favor of the US Department of Commerce's anti-dumping and countervailing duty investigations against Chinese cars and light truck tires. This means that the current punitive tariffs will last for at least five years. The deadline for submission of the US International Trade Commission report is July 27, and the details and public release reports are scheduled for August 25. X Ray Tube for Bedside Machine X Ray Tube For Bedside Machine,Bedside X Ray Machine,X Ray Tube Equipment ,Pediatric X Ray Tube Wenzhou Kangyuan Electronics Co Ltd , https://www.kangyuanelectronic.com
After the US International Trade Commission voted in the case, a short statement was issued in favor of the US Department of Commerce's assessment of the tariff, but did not disclose more details. According to US law, as long as the final decision of the US International Trade Commission is affirmative, the US Department of Commerce will issue an anti-dumping and anti-subsidy tax order within seven days of receiving the arbitration result.
According to reports, Beijing Jincheng Tongda Law Firm is the sole agent for domestic tire companies to respond to this double-reverse case. The senior partner of the law firm said that they and the domestic tire industry have made the best efforts in responding to this double-reverse case, from the preliminary ruling of 6 to zero, to get the third to third of this final ruling. The Chinese side will carefully review the details of the case and the report, and decide whether to appeal based on the results of the inspection. Liu Danyang, deputy director of the Trade Relief Bureau of the Ministry of Commerce of the People's Republic of China, pointed out that the punitive double anti-tariff imposed by the United States on China's export of cars and light truck tires has attracted the attention of the Chinese government. China firmly opposes this trade protectionism.
Since joining the WTO, China has been a global anti-dumping investigation for 14 consecutive years and has become the primary target of global countervailing investigations for nine consecutive years. As far as the tire industry is concerned, in recent years, the United States, Egypt, Brazil, Argentina and the Eurasian Economic Commission and other countries and regions have adopted trade remedies for some products such as tires, truck tires and off-highway tires of passenger cars in China. The measures have seriously affected the development of foreign markets for related companies and products.