China Car and Truck Tires: Final Results of CV Admin Review
The Commerce Department issued the final results of its countervailing duty administrative review on passenger vehicle and light truck tires from China (C-570-017). The agency calculated new CV duty cash deposit rates for the Chinese producers and exporters listed below. These final results will be used to set final assessments of CV duties on importers for entries between Jan. 1, 2019, through Dec. 31, 2019.
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New Cash Deposit Rates Take Effect March 10
New CV duty cash deposit rates for the producers and exporters still subject to his review take effect March 10, the date these final results were published in the Federal Register. Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rates, and companies that have never been assigned a CV duty rate will get the all others rate. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CV Rate |
|---|---|
| Sumitomo Rubber (Hunan) Co., Ltd. and cross-owned affiliates Sumitomo Rubber (China) Co., Ltd. and Sumitomo Rubber (Changshu) Co. Ltd. | 24.79% |
| Triangle Tyre Co. Ltd. | 124.53% |
| Review-Specific Average Rate Companies | |
| Qingdao Landwinner Tyre Co., Ltd. | 24.79% |
| Jiangsu Hankook Tire Co., Ltd | 24.79% |
| Shandong Province Sanli Tire Manufacture Co., Ltd. | 24.79% |
No shipments. Commerce said eight companies subject to this review did not have reviewable entries of subject merchandise during the review period for which liquidation is suspended. These companies are: Hankook Tire China Co., Ltd.; Prinx Chengshan (Shandong) Tire Company Ltd.; Qingdao Fullrun Tyre Tech Corp., Ltd.; Qingdao Honghuasheng Trade Co., Ltd; Qingdao Kapsen Trade Co.; Shandong Habilead Rubber Co., Ltd.; Shandong Hongsheng Rubber Technology Co., Ltd.; and Shandong Qilun Rubber Co., Ltd. Cash deposit requirements for these exporters will not change as a result of this review.
(The review period is 01/01/19 - 12/31/19. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2109090052 for a summary of the preliminary results of this administrative review.)