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ITC recommends that the United States on China's tire levy the maximum 55% tariff

June 30, the United States International Trade Commission recommended that the low-cost imports from China Tire 55% of the maximum levy punitive tariffs. At press, the Chinese Ministry of Commerce there is no response on the matter. Good tire but said Monday that the allegations unfounded. United States International Trade Commission (ITC) announced that China's tires to take special protective measures, put forward on the passenger car, light truck tires in China with a 3-year program of special tariffs, para 1 year to 3 years, respectively, additional tariffs 55%, 45%, 35%.

North American steel workers union, said the Chinese tire imports to make thousands of Americans unemployed. In accordance with the law, Obama must appeal in September this year, the expiration of the period, making a decision. From the United Steelworkers union to provide the data show that in 2008, China is the United States imports the largest number of automobile tires countries, exports to the United States a total of nearly 46 million tires, valued at more than 1.7 billion U.S. dollars. Chinese-made tires sold at about 50-60 U.S. dollars each, is part of high-end brands for about half the price.

At press, the Ministry of Commerce there is no response on the matter. If the future of the case to the United States a major exporter of some of China's tire business will be a heavy blow. At present, the production scale in China's largest tire maker, said Monday GiTi Tire, which is protectionist practices, There is no basis for the allegation, the Chinese tire only to provide services to U.S. consumers. Chinese manufacturers to gradually fill the U.S. market have been neglected long-term market low-priced tires.