China Car and Truck Tires: Final Results of CV Admin Review
The Commerce Department released 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, 2020, through Dec. 31, 2020.
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New Cash Deposit Rates Take Effect March 13
New CV duty cash deposit rates for the producers and exporters still subject to his review take effect March 13, the date these final results are to be 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. | 11.05% |
| Jiangsu Hankook Tire Co., Ltd | 11.05% |
| Kumho Tire Co., Inc. | 11.05% |
| Kumho Tire (Tianjin) Co., Inc. | 11.05% |
| Prinx Chengshan (Shandong) Tire Company Ltd. | 11.05% |
| Qingdao Nexen Tire Corporation | 11.05% |
| Shandong Haohua Tire Co., Ltd | 11.05% |
| Shandong Province Sanli Tire Manufactured Co., Ltd. | 11.05% |
| Triangle Tyre Co. Ltd. | 11.05% |
(The review period is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2209070067 for a summary of the preliminary results of this administrative review.)