On July 15, 2014, the Department of Commerce announced the initiation of antidumping duty (AD) and countervailing duty (CVD) investigations of imports of certain passenger vehicle and light truck tires from the People’s Republic of China (China).
Elkhart, Indiana – December 2014 - On July 15, 2014, the Department of Commerce announced the initiation of antidumping duty (AD) and countervailing duty (CVD) investigations of imports of certain passenger vehicle and light truck tires from the People’s Republic of China (China). The initial scope of the proposed tariff could have included many common tire sizes used across the trailer industry on both bias and radial ST tires.
Along with several other organizations, Tredit Tire and Wheel has invested significant time and expense with specialized attorneys in governmental affairs to collectively facilitate the petition for exclusion of ST tires from this tariff and investigation. As hoped for, on November 24, 2014 the Department of Commerce preliminarily determined that it will modify the scope of the investigation to exclude specialty tires (ST) from the tariff(s) provided the tires exhibit the following physical characteristics:
- The size designation molded on the tire’s sidewall is listed in the ST sections of the Tire and Rim Association Year Book;
- The designation “ST” is molded into the tire’s sidewall as part of the size designation;
- The tire incorporates a warning, prominently molded on the sidewall, that the tire is “For Trailer Service Only” or “For Trailer Use Only”;
- The load index molded on the tire’s sidewall meets or exceeds those load indexes listed in the Tire and Rim Association Year Book for the relevant ST tire size; and the tire’s speed rating is molded on the sidewall, indicating the rated speed in MPH or a letter rating as listed by TRA, and the rated speed does not exceed 81 MPH or a “M” rating
Although nearly all of Tredit’s products were already compliant prior to the Department’s inquiry, Tredit has dedicated much of 2014 adding or amending tire molds to meet any/all requirements to remain outside the scope of these added duties. Tredit is pleased to offer continuity in our costs, product, and service without our customers being adversely affected by this potentially disruptive government action.
For additional information about Tredit Tire and Wheel, please contact Andrew Wuescher at email@example.com or visit www.tredittire.com.