In response to the U.S. Court of International Trade’s (CIT) November 1, 2018 decision that required the United States International Trade Commission (ITC) to reconsider its original negative determination that the domestic truck and bus tires (TBT) industry had not been materially injured by TBT imports, the ITC announced, on January 30, 2019, its finding that a domestic industry was materially injured by TBTs imported from China.
The January 30, 2019 decision may result in the publication of antidumping duty (ADD) and countervailing duty (CVD) tariffs on TBTs from China with a requirement to deposit these AD/CV duties on future entries. These cash deposits would be in addition to regular customs duties and Section 301 duty applicable to TBT imports.
The revival of this case has raised uncertainty about what ADD/CVD deposit rates will apply or when they will be published. We will update you as more information is available.
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