Chinese tire industry no stranger to dumping charges

30/07/2015 12:00 - 752 Views

China's tire industry has faced many anti-dumping and countervailing duty cases in the past ten years. The majority of the investigations were initiated by the US and EU, which are China's top export partners, respectively accounting for 28 percent and 22 percent of Chinese tire exports.
Since 2001, nearly 20 countries have launched 19 dumping and countervailing duty cases. Seven of them remain active.
In June 2014, the United Steelworkers union urged US trade officials to impose tariffs on certain tires for passenger cars and light trucks produced in China, which the union alleged were sold below market prices and improperly subsidized by Beijing.
US duties could affect 3.3 billion US dollars worth of Chinese tire products. Three month later, the Eurasian Economic Commission started an anti-dumping investigation into Chinese-made bus, truck, trolleybus and trailer tires, involving total value up to 500 million US dollars.

July 28, 2015
Source: CNTV