China questions U.S. duties on Chinese truck, bus tires

04/02/2017 12:00 - 605 Views

BEIJING, Jan. 25 (Xinhua) -- China's Ministry of Commerce (MOC) Wednesday questioned the U.S. decision to levy heavy duties on truck and bus tires from China, promising measures to defend domestic companies' rights.

The comments came after the U.S. Department of Commerce decided to slap anti-dumping duties of up to 22.57 percent and countervailing duties of up to 65.46 percent on certain truck and bus tires imported from China.

In response to the U.S. decision, MOC trade official Wang Hejun criticized the U.S. investigation procedures, which he said were defective and ignored facts.

Wang said the U.S. move had harmed the interests of China's tire industry, and urged the U.S. to abide by the World Trade Organization rules and correct its mistakes.

U.S. imports of truck and bus tires from China were worth about 1.5 billion U.S. dollars in 2015, which fell to more than 1 billion dollars in the first 11 months last year, affected by the investigation, according to MOC data.

Jan 25, 2017
Source: Xinhu