Vietnam Car and Truck Tires: Prelim Results of CVD Admin Review
The Commerce Department has released the preliminary results of a countervailing duty administrative review of passenger vehicle and light truck tires from Vietnam (C-552-829). Rates from this review will be used to set importer assessments for entries from the exporters under review entered during the period Nov. 10, 2020, through Dec. 31, 2021.
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Only the exporters for which an administrative review was requested are covered by this review. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Message # 2299401).
Commerce is also ending the review of three companies that had their requests for review withdrawn: Sailun (Vietnam) Co., Ltd. (Sailun), Kumho Tire (Vietnam) Co., Ltd. (KTV), and Kumho Tire Co., Inc. (KTCI). Entries from these three companies will also be liquidated as entered.
Cash Deposit Requirements
For the company that remains subject to review, new CV duty cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following CV duty cash deposit rate:
| Producer/Exporter | CV Rate 2020 (Prelim) | CV Rate 2021 (Prelim) |
|---|---|---|
| Bridgestone Tire Manufacturing Vietnam, LLC | 1.26% | zero |
(The period of review is 11/10/20 - 12/31/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)