China Car and Truck Tires: Commerce Announces New AD Duties
The Commerce Department will require antidumping duty cash deposits on imports of passenger vehicle and light truck tires from China, it said in an Jan. 21 fact sheet (here). The agency found AD duty rates of 19.17% to 87.99% for…
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Chinese companies in its preliminary determination. Cash deposit requirements will take effect for GITI and Sailun on the date the preliminary determination is published in the Federal Register. For all other Chinese companies, suspension of liquidation and cash deposit requirements will be retroactive back to 90 days before publication, as a result of Commerce's finding of critical circumstances. ITT will have more details on new cash deposit requirements when Commerce publishes its preliminary determination.