China Truck and Bus Tires: Final Results of CVD Admin Review
The Commerce Department has issued the final results of its countervailing duty administrative review on truck and bus tires from China (C-570-041). The agency calculated new CVD 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 Jan. 1, 2021, through Dec. 31, 2021.
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New Cash Deposit Rates Take Effect July 12
New CV duty cash deposit rates for the producers and exporters still subject to this review take effect July 12, the date these final results are scheduled for publication in the Federal Register. Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate, and companies that have never been assigned a CVD rate will get the all-others rate. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Qingdao Ge Rui Da Rubber Co., Ltd. / Cooper Tire (China) Investment Co. Ltd. / Cooper (Kunshan) Tire Co., Ltd./ Qingdao Yiyuan Investment Co., Ltd. / Goodyear Dalian Tire Company Limited / Goodyear Tire Management Company (Shanghai) Ltd. | 14.98% |
| Bridgestone (Shenyang) Tire Co., Ltd. | 14.98% |
| Jiangsu Hankook Tire Co., Ltd. | 14.98% |
| Joyall (Weihai) Tire Co., Ltd. | 14.98% |
| Triangle Tyre Co., Ltd. | 14.98% |
No shipments. Commerce continued to find that one company subject to this review, Chongqing Hankook Tire Co., Ltd., did not have reviewable entries of subject merchandise for which liquidation is suspended, and therefore is ending the administrative review for this company.
(The review period is 01/01/21 - 12/31/21. See notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2303020084 for a summary of the preliminary results of this administrative review.)