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Thailand again top U.S. tire importer
Passenger and light truck imports from Thailand, South Korea, Taiwan and Vietnam have been subject to elevated antidumping duties ranging up to 98.44% depending on the country of origin, according to the Department of Commerce’s preliminary ruling Dec. 30 in the case filed originally in May 2020 by the United Steelworkers union.
U.S. Customs and Border Protection (CBP) has been collecting cash deposits on such imports since then at rates proscribed in the ruling. Commerce is scheduled to announce its final determinations in these cases on or about May 14.
As they pertain to companies in Thailand, the duties are: LLIT Thailand Co. Ltd. (Linglong) — 22.21%; Sumitomo Rubber (Thailand) Co. Ltd. — 13.25%; all others — 16.66%.
As for the situation last year, Mexico advanced to No. 4 among countries exporting tires to the U.S. with a 1.5% increase in the value of said shipments, to…
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